Indeed, between 2001 and 2006 the number of retail and entertainment outfits in Sublette county fell even as disposable income soared.

ECONOMIST: Natural gas in Wyoming

Prices fell by 32% over the period, but real income soared 110% amid robust economic growth, expanded trade and enormous innovation in telecommunications and other industries.

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Who, in 1965, would have thought that by 1990 South Korea's income would have soared but Argentina's fallen?

ECONOMIST: Political economy

When fully phased in by 1983, this cut enormously stimulated economic activity: Personal income tax revenues soared more than 60% over the next seven years.

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As reported on CNBC, social welfare benefits have soared from 26% of income before the recession began to a startling 35% today.

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The next year, economic growth soared by 50%, and income tax revenues increased by 41%!

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Since 2000 household debt has soared from 110% of disposable income to 160%.

ECONOMIST: Economic prospects

It was also true within countries, as profits soared but wage shares of national income declined sharply and agrarian distress persisted.

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In America, Britain and several other economies, mortgage debts have soared to record levels in relation to household income.

ECONOMIST: House prices

The number of these entities has soared in recent years, and they now account for about half of the income earned by American businesses.

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