Americans’ Incomes Have Fallen $3,040 During the Obama ‘Recovery’

Discussion in 'Politics' started by Freewill, Sep 27, 2012.

  1. Freewill
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    Freewill Platinum Member

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    Just as I have been saying the economic news as reported by the MSM will get better and better as we near the election. Which has nothing to actually do with the truth.

    Americans’ Incomes Have Fallen $3,040 During the Obama ‘Recovery’

    Americans

    Americans must be wondering how much more of this “recovery” they can afford. New figures from the Census Bureau’s Current Population Survey, compiled by Sentier Research, show that the typical American household’s real (inflation-adjusted) income has actually dropped 5.7 percent during the Obama “recovery.” Using constant 2012 dollars (to adjust for inflation), the median annual income of American households was $53,718 as of June 2009, the last month of the recession. Now, after 38 months of this “recovery,” it has fallen to $50,678 — a drop of $3,040 per household.
     
  2. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    and its only getting worse...
     
  3. Freewill
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    Freewill Platinum Member

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    You can see it with the BS "Obama the job creator." Unlike Romney, Obama has never created ONE job let alone millions. To take credit for the private sector takes a special kind of delusion. What was said about Obama's wild spending 3 years ago? It was said that it would prolong the recovery and it has. NO ONE said that the US economy would never recover. Obama has done nothing but made thing worse.
     
  4. Mad Scientist
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    Mad Scientist Feels Good!

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    And anyone who thinks Romney's gonna' fix it is dreaming.
     
  5. LordBrownTrout
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    LordBrownTrout Gold Member

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    O ranks dead last on job creation.
     
  6. occupied
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    occupied Gold Member

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    Wages have been in decline for 20 years, what would McCain have done to make private sector wages increase rather than decline in the recession? Tax cuts for the wealthy can only go so far.
     
  7. Lakhota
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    Lakhota Diamond Member

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    Bush fucked us really long time.
     
  8. ShootSpeeders
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    ShootSpeeders Gold Member

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    But income of illegals is soaring esp now that obozo has given amnesty and work permits to millions of them.
     

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