Report: Median Income Worse Now Than It Was During Great Recession

Discussion in 'Politics' started by LadyGunSlinger, Sep 19, 2012.

  1. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    Report: Median Income Worse Now Than It Was During Great Recession « CBS DC

    This Appeasement President has totally screwed up the economy with his RABID spending and liberals sit on this forum foaming at the mouth over Romney's tax returns. Bunch of damn idiots.

    An excerpt:

    A new report put out by the Pew Research Center finds that the median income is worse now than it was during the Great Recession.

    According to Pew, the Census Bureau showed that the median income for American households in 2009 – the official end of the Great Recession – was $52,195 (in 2011 dollars), while the median income dipped to $50,054 last year, falling 4.1 percent over two years.

    “The decrease in household income from 2009 to 2011 almost exactly equaled the decrease in income in the two years of the recession,” the Pew report stated. “During the Great Recession, the median U.S. household income (in 2011 dollars) dropped from $54,489 in 2007 to $52,195 in 2009, a loss of 4.2 percent. By this yardstick, the recovery from the Great Recession is bypassing the nation’s households.”
     
  2. Lakhota
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    Lakhota Diamond Member

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    Bush fucked us really long time.
     
  3. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    You cann't sink lower than "WORSE THAN THE GREAT DEPRESSION." Obama has spent us in to bankruptcy and yet the Fed is pumping out 40 BILLION dollars a month.. INSANE, CRAZY.. Ron Paul is holding hearings and DEMANDING the Fed account.. ENOUGH is enough.. It's time to get rid of the CORRUPT FED RESERVE and sweep the nation this November for fiscal discipline.
     
  4. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    Here's the article.. Ron Paul accuses the Fed of setting us up for a CRASH.. It wouldn't be the first time.. See the Great Depression..

    Federal Reserve accused of setting U.S. up for ‘crash’

    You Zombie libs read the fucking article before you start spewing your usual BULLSHIT talking points and blame Booooooooooooooooosh propaganda.. Bunch of damn morons.
     
  5. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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  6. Lakhota
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    Lakhota Diamond Member

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    Is your nickname Spammy?
     
  7. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    Don't look now but here comes MASSIVE inflation.. thanks to the Obama Administration and the Fed..

    Fed

    Who will this hurt??? LOWER INCOME FAMILIES and people.. What kind of IDIOT policy prints WORTHLESS fiat at the tune of 40 BILLION a month with 16 trillion dollars of debt????????????? This Administration, that's who.. Most believe now it's purposeful, to speed up the collapse.. Make no mistake about it, Obama would loveeeeeeeeeeeeeeee to declare Martial Law if there were a crash and a run on banks.. it's right up his Dictator's alley.. What American family has a printing machine that when they are hundreds of millions in debt, they can just print up some money?? WHO THE FUCK EVEN THINKS THIS WAY??? L I B E R A L S----Hellbent on destroying capitalism and our country as we know it.
     
  8. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    What has Bernanke's and Obama's wreckless money printing machine gotten us??? Buying 40 billion of mortgate securities A MONTH??????????????????

    Mortgage Lending Slid to 16-Year Low in 2011 - WSJ.com

    Mortgage Loans Hit 16-Year Low as Standards Tighten


    OMG, reallly???????????? WHO COULD HAVE SEEN THAT???!!!!!!! LIBERALISM destroys, inhabits and drains the blood from a free society. Socialism and Liberty CANNOT coexist.

    It's time to dump the Communists from our leadership.. These same moronic socialist policies have failed all over Europe and the world.. and created chaos, a world in recession.. Now we have these ASSCLOWNS lying their asses off and running for cover blaming everything and everyone and anything.. They will do anything for power.

    Romney/Ryan 2012.. With SCOTUS appointments up for nomination, the failing economy on the cliff, and absolute chaos on foreign policy we cannot allow this Admin to remain or there won't be a free US left in 4 years.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Yup.

    In terms of puchasing power, the middle class and lower has been losing purchaing power for nearly 40 YEARS.

    Now, thanks to both party's rather idiotic policies the working classes aren't just losing purchaing power, their incomes are actually declining.

    And NOTHING either candidate is proposing is really going to do a damned think to solve the FUNDAMENTAL ECONOMIC problems these stupid stupid policies have caused, either.

    READ THAT AGAIN, citizens...

    And NOTHING either candidate is proposing is really going to do a damned think to solve the FUNDAMENTAL ECONOMIC problems these stupid stupid policies have caused.
     
  10. SniperFire
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    SniperFire Senior Member

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    I have given the matter a great deal of thought as of late.



    Obama sucks.
     

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