Report finds growing income disparity in NY state
November 19, 2012. Karen DeWitt of the Innovation Trail writes about FPI's report: Pulling apart: The continuing impact of income polarization in New York State. "We no longer have a growing middle class with rising living standards," Parrott said. Those on the bottom rungs of the economic ladder are stagnating, the report finds. The state’s overall poverty rate is unchanged since 1980, but poverty has been increasing in upstate cities like Buffalo, Rochester and Syracuse, as people with any wealth have moved to the suburbs. [...]