If Mitt Romney wins, the middle class loses

[Chris]

This is classic....

[ame=http://www.youtube.com/watch?v=oLo0Jwj03JU]Stage - YouTube[/ame]

 

[Avatar4321]

So having a competant government and a strong economy is bad for the middle class?

You do realize there are no classes right?

 

[Si modo]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

 

[Chris]

 

[Chris]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

 

[Si modo]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

And, you have a link for that 2012 data on Americans' net worth?

See, because this 2010 data on Americans' net worth is the most current there is - from the Federal Reserve. The Fed has already updated this data to include this year?

Wow. Let's see the link.

TIA.

 

[Chris]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

And, youhave a link for that 2012 data on Americans' net worth?

See, because this 2010 data on Americans' net worth is the most current there is - from the Federal Reserve. The Fed has already updated this data to include this year?

Wow. Let's see the link.

TIA.

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

 

[buckeye45_73]

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

And, youhave a link for that 2012 data on Americans' net worth?

See, because this 2010 data on Americans' net worth is the most current there is - from the Federal Reserve. The Fed has already updated this data to include this year?

Wow. Let's see the link.

TIA.

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

2000-04-01 43831.31
2000-07-01 44459.79
2000-10-01 43281.02
2001-01-01 42007.12
2001-04-01 43289.85
2001-07-01 41411.33
2001-10-01 43133.50
2002-01-01 43822.75
2002-04-01 42410.28
2002-07-01 40735.57
2002-10-01 42099.49
2003-01-01 42293.73
2003-04-01 44432.89
2003-07-01 45519.88
2003-10-01 48021.86
2004-01-01 50188.23
2004-04-01 51338.54
2004-07-01 52089.85
2004-10-01 54962.48
2005-01-01 56128.36
2005-04-01 57508.77
2005-07-01 59389.40
2005-10-01 61224.32
2006-01-01 63341.51
2006-04-01 62978.39
2006-07-01 63746.53
2006-10-01 65648.06
2007-01-01 66724.24
2007-04-01 67324.39
2007-07-01 67459.23
2007-10-01 66165.96
2008-01-01 63552.06
2008-04-01 61771.94
2008-07-01 58887.49
2008-10-01 53554.47
2009-01-01 51271.48
2009-04-01 52402.58
2009-07-01 54629.51
2009-10-01 55594.93
2010-01-01 56644.97
2010-04-01 55195.75
2010-07-01 57080.16
2010-10-01 59159.92
2011-01-01 60856.50
2011-04-01 60722.36
2011-07-01 58088.11
2011-10-01 60037.31
2012-01-01 62865.58


So your point is it went way up under republican control and now we're still below when we had republicans in control of all 3 branches? God we need NAncy Pelosi back in so we can dip below 50 this time!

 

[Si modo]

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

And, youhave a link for that 2012 data on Americans' net worth?

See, because this 2010 data on Americans' net worth is the most current there is - from the Federal Reserve. The Fed has already updated this data to include this year?

Wow. Let's see the link.

TIA.

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

Thanks for the link.

Yet, the net worth of households fell 40% between 2007 and 2010. What can I say?

Obama has yet to save the middle class, like he said he would. The middle class is much worse off today than it was in 1992.

 

[Chris]

And, youhave a link for that 2012 data on Americans' net worth?

See, because this 2010 data on Americans' net worth is the most current there is - from the Federal Reserve. The Fed has already updated this data to include this year?

Wow. Let's see the link.

TIA.

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

Thanks for the link.

Yet, the net worth of households fell 40% between 2007 and 2010. What can I say?

Obama has yet to save the middle class, like he said he would. The middle class is much worse off today than it was in 1992.

Pretty weak.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

 

[Si modo]

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

Thanks for the link.

Yet, the net worth of households fell 40% between 2007 and 2010. What can I say?

Obama has yet to save the middle class, like he said he would. The middle class is much worse off today than it was in 1992.

Pretty weak.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

Yes, yes, yes. Obama has nothing to do with much of anything. And, he admits this incompetence daily.

 

[buckeye45_73]

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

Thanks for the link.

Yet, the net worth of households fell 40% between 2007 and 2010. What can I say?

Obama has yet to save the middle class, like he said he would. The middle class is much worse off today than it was in 1992.

Pretty weak.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

you realize higher numbers are better, Bush went from $42k-$67k, before Pelosi and Reid, then it tanked and is barely getting back, thanks republicans we need more of you!

 

[JoeB131]

So having a competant government and a strong economy is bad for the middle class?

You do realize there are no classes right?

Um, yeah, actually they are.

Or Rush Limbaugh would be a jail cell with Jodie the Crackhead.

Frankly, I'm not sure Romney would bring either to the US< to be honest.

He's pretty much what got us into this mess. Destroying the middle class so a few rich douchebags could have $200,000 Car Elevators and $77,000 riding horsies.

 

[uscitizen]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

Yaah overall their net worth is up, The top 1% have gained a lot back, the middle class not so much.

 

[Listening]

I probably posted this a dozen times. From the Fed....

http://research.stlouisfed.org/fred2/data/TNWBSHNO.txt

And I am sorry, I was wrong. It's up to $10 trillion since Obama took office.

Thanks for the link.

Yet, the net worth of households fell 40% between 2007 and 2010. What can I say?

Obama has yet to save the middle class, like he said he would. The middle class is much worse off today than it was in 1992.

Pretty weak.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

The engines were fine when Obama crashed the country.

 

[Artevelde]

Yes, the stagflation of the 70's really was a golden age for the middle class. You're such a stupid partisan hack.

 

[Conservative]

The middle class has been losing since 1992.

Obama was supposed to save the middle class.

Yeah, that worked. Wealth of U.S. families has plunged to lowest level in two decades | Deseret News

That data is two years old.

Americans net worth is up $9 trillion dollars since Obama took office.

Thanks for reminding me.

dumb ass...

Brutal Recession Destroyed Americans' Wealth, Net Worth Down 40% In 3 Years

The median family net worth dropped a staggering 40% to $77,300 in 2010 from $126,400 in 2007, the Fed said in its Survey of Consumer Finances which is released every three years. The median family income dropped as well from $49,600 in 2007 to $45,800, or a 7.7% drop.

Middle-class families faced the brunt of the declines with those in the 60th to 80th percentile of income seeing a 40.4% drop in net worth from $215,700 to $128,600. Families with a net income in the the 20th to 39.9th percentile of income saw a 35.4% drop in net worth from $39,600 to $25,600.

Show me something that says since 2010, Americans net worth has made up all that loss.

 

[peach174]

It is the Dem's who have brought down the middle class.

The Enron scandal is what helped uncover that Freddie used improper hedge accounting with regard to treasuries.
Repubs wanted to enact stronger GSE regulation in 2003 and 2004.
The Dems blocked every single one of the bills brought up in the Housing Committee, from 2003 on until they took over.
By then it was too late.
The Dems and main stream media have spun this to accuse the Repubs when it was never the Repubs fault.

 

[P@triot]

This is classic....

Stage - YouTube

If Obama wins, the entire nation loses....

 

[WillowTree]

This is classic....

Stage - YouTube