The low productivity of agriculture leads to inadequate incomes for farmers, hunger, malnutrition and disease.

Further, echoing Milton Friedman, they claim that low interest rates are more often a sign of inadequate nominal income than of loose money.

And for many hospitals, even patients with insurance provide inadequate income.

"It's virtually impossible to make a profit and comply with the law because of the inadequate income of the customers," he says.

Just how raw is demonstrated by the statistics in the report, which found that "nearly two-thirds of all displaced homemakers have inadequate incomes."

Mortgage payments from older, low-interest home loans were providing increasingly inadequate income.

In some states, school financing is increasingly provided at the state level, compensating for inadequate incomes in localities.

It seemed that those who augmented inadequate incomes by poaching or stealing food raised physically healthier families than the more law-abiding.

However, when housing prices were constantly increasing, borrowers with inadequate income could cover mortgage repayments by borrowing further money against increased value of their house.

At that point, sheet music sales began to decline while records were still providing inadequate income to compensate.