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

[Freewill]

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.

 

[The Infidel]

and its only getting worse...

 

[Freewill]

and its only getting worse...

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.

 

[Mad Scientist]

and its only getting worse...

And anyone who thinks Romney's gonna' fix it is dreaming.

 

[LordBrownTrout]

O ranks dead last on job creation.

 

[occupied]

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.

 

[Lakhota]

Bush fucked us really long time.

 

[ShootSpeeders]

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