The Obama recovery.. in which the private sector is doing fine, and any private success belongs to ‘the people’ - who built the roads
Green Energy

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 specializes in demographic and income data.

Americans nearing retirement age have suffered disproportionately after the financial crisis: along with the declining value of their homes, which were intended to cushion their final years, their incomes have fallen sharply.
The decline looks even worse when comparing today’s incomes to those when the recession began in December 2007. Then, the median household income was $54,916, meaning that incomes have fallen 7.2 percent since the economy last peaked.
READ IT HERE

Excuse me, but WHY IS ANY POLL CLOSE?





- 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...

-
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...

- No Depression
The Blaze: 50 Facts About The U.S. Economy That Will Shock You Posted on December 18, 2011 at 3:55pm by Becket Adams “Even though most Americans have become very frustrated with this economy, the reality is that the vast majority of them still have...

- The Great Depression And Today's Ailing Economy
In the January 2012 edition of Vanity Fair, Joseph E. Stiglitz writes the following: ...For the past several years, Bruce Greenwald and I have been engaged in research on an alternative theory of the Depression—and an alternative analysis of what is...



Green Energy








.