Real disposable personal income per capita is up 1.3 percent between July 2011 and July 2012.

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As a result, real after tax income per capita increased by more than 11%.

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China needs to double its real per capita income to get there.

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Health care spending in this country has been growing at twice the rate of growth of our income on a real, per capita basis.

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Using Bureau of Economic Analysis data, my associate Jonathan Robe calculated real growth rates in per capita income in the 50 states from 1980 through 2009.

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The growth in median real income has been substantially slower than all of these growth rates of average per-capita income discussed thus far.

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