Green Energy
From this article in the NY Post, dated April 30, 2016:
- Why Isn't Obama Trailing By 20? Us Median Income Lowest Since 1995
Financial Times:The median income of American households dropped to its lowest level since 1995 last year, extending its decline during President Barack Obama’s tenure and highlighting the depth of the damage to the middle class inflicted by the recession...
- The Obama Recovery.. In Which The Private Sector Is Doing Fine, And Any Private Success Belongs To ‘the People’ - Who Built The Roads
The typical household income for people age 55 to 64 years old is almost 10 percent less in today’s dollars than it was when the recovery officially began three years ago, according to a new report from Sentier Research, a data analysis company that...
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Fox: Middle class suffers 'worst decade in modern history,' report says The middle class is receiving less of America's total income, declining to its smallest share in decades as median wages stagnate in the economic doldrums and wealth...
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I know my family is living at roughly the same income level we lived at in 1993-94. But the bills are a lot higher now. . . WaPo: Fed: Americans’ wealth dropped 40 percent By Ylan Q. Mui, Updated: Monday, June 11, 5:04 PMThe Washington Post The Great...
- Breaking: Unemployment At 9.7% – New Counting Method Saved Or Created 541,000 Jobs
Remember this? Today at Gateway Pundit: US Loses Another 20,000 Jobs But Unemployment Rate Drops to 9.7% It’s an Obama world. Up is down. Square is round. Trucks are jokes. And, losing 20,000 jobs actually brings down the unemployment rate. The US...
Green Energy
The Economic Reality
From this article in the NY Post, dated April 30, 2016:
...Americans are angry because they don’t care about the statistical noise — they care about what they see with their own eyes.Read the entire article HERE.
True, there may have been 15 million new jobs created during the Obama administration — which, on the surface, is laudable. But that’s about half what was needed to both absorb newcomers to the workforce and those who were laid off over the past decade and would like to return.
[...]
One last statistic, from Sentier Research. Median annual household income in the US reached $57,263 this past March, which was 4.5% higher than in March 2015.
But — and here’s where the anger comes in — this March’s figure is still slightly below the $57,342 median annual income in January 2000.
January 2000!
Americans haven’t gotten a raise in more than 16 years.
Statistical noise doesn’t just confuse economists and politicians. It also drowns out the sound of people complaining.
- Why Isn't Obama Trailing By 20? Us Median Income Lowest Since 1995
Financial Times:The median income of American households dropped to its lowest level since 1995 last year, extending its decline during President Barack Obama’s tenure and highlighting the depth of the damage to the middle class inflicted by the recession...
- The Obama Recovery.. In Which The Private Sector Is Doing Fine, And Any Private Success Belongs To ‘the People’ - Who Built The Roads
The typical household income for people age 55 to 64 years old is almost 10 percent less in today’s dollars than it was when the recovery officially began three years ago, according to a new report from Sentier Research, a data analysis company that...
-
Fox: Middle class suffers 'worst decade in modern history,' report says The middle class is receiving less of America's total income, declining to its smallest share in decades as median wages stagnate in the economic doldrums and wealth...
-
I know my family is living at roughly the same income level we lived at in 1993-94. But the bills are a lot higher now. . . WaPo: Fed: Americans’ wealth dropped 40 percent By Ylan Q. Mui, Updated: Monday, June 11, 5:04 PMThe Washington Post The Great...
- Breaking: Unemployment At 9.7% – New Counting Method Saved Or Created 541,000 Jobs
Remember this? Today at Gateway Pundit: US Loses Another 20,000 Jobs But Unemployment Rate Drops to 9.7% It’s an Obama world. Up is down. Square is round. Trucks are jokes. And, losing 20,000 jobs actually brings down the unemployment rate. The US...