A Surge In Wealth Has Boosted Most US Households Since 2020

[g5000]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.


More good news:

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.




And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be

 

[Woodznutz]

I judge America by how I'm doing.

I'm doing fine.

 

[Independent thinker]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.


More good news:
Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.




And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be

LOL. Meanwhile, throughout his presidency, Biden has had high disapproval numbers and 70% of Americans say the country is going in the wrong direction. People can't afford most things, evictions are at a high, foreclosures are at a high, car payment delinquencies are at a high, credit card debt is at a high, withdraws from retirement accounts are at a high, and students don't know how they are going to pay their student loans. But everything's just fine.

 

[Dragonlady]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.


More good news:

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.




And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be

Just stop. You know the MAGA’s don’t care about what normal people want. They want Trumpian chaos.

 

[The Duke]

 

[g5000]

LO

LOL. Meanwhile, throughout his presidency, Biden has had high disapproval numbers and 70% of Americans say the country is going in the wrong direction. People can't afford most things, evictions are at a high, foreclosures are at a high, car payment delinquencies are at a high, credit card debt is at a high, withdraws from retirement accounts are at a high, and students don't know how they are going to pay their student loans. But everything's just fine.

Yes, I understand you want America to fail.

 

[Woodznutz]

LO

LOL. Meanwhile, throughout his presidency, Biden has had high disapproval numbers and 70% of Americans say the country is going in the wrong direction. People can't afford most things, evictions are at a high, foreclosures are at a high, car payment delinquencies are at a high, credit card debt is at a high, withdraws from retirement accounts are at a high, and students don't know how they are going to pay their student loans. But everything's just fine.

The Devil is in those details.

 

[Dragonlady]

LO

LOL. Meanwhile, throughout his presidency, Biden has had high disapproval numbers and 70% of Americans say the country is going in the wrong direction. People can't afford most things, evictions are at a high, foreclosures are at a high, car payment delinquencies are at a high, credit card debt is at a high, withdraws from retirement accounts are at a high, and students don't know how they are going to pay their student loans. But everything's just fine.

Neither evictions, nor foreclosures are anywhere near the high that was achieved in 2008 and 2009 after W’s economic crash, and the Housing Bubble collapse.

Biden tried to cancel student debt, but Republicans want young people to be poor and desperate so they’ll work for any amount of money offered.

The Republican Party exists to bleed the working and middle class white, in more ways than one.

 

[Harpy Eagle]

Meanwhile, throughout his presidency, Biden has had high disapproval numbers and 70% of Americans say the country is going in the wrong direction.

so, what you are saying is that he has basically mirrored Trump's time in office

 

[Woodznutz]

Investors, large and small, buying up single family homes doesn't help. This began big time in the 1970's.

 

[Woodznutz]

Neither evictions, nor foreclosures are anywhere near the high that was achieved in 2008 and 2009 after W’s economic crash, and the Housing Bubble collapse.

Biden tried to cancel student debt, but Republicans want young people to be poor and desperate so they’ll work for any amount of money offered.

The Republican Party exists to bleed the working and middle class white, in more ways than one.

Youngsters were lured onto the rocks by the siren song of easy college loans. They should have covered their ears.

 

[LordBrownTrout]

All is wonderful

More than 60% of Americans are living paycheck to paycheck. Here's what researchers say is to blame.

Even 4 in 10 high-income households earning more than $100,000 are living paycheck to paycheck, a new study finds.

www.cbsnews.com

 

[Harpy Eagle]

All is wonderful

More than 60% of Americans are living paycheck to paycheck. Here's what researchers say is to blame.

Even 4 in 10 high-income households earning more than $100,000 are living paycheck to paycheck, a new study finds.

www.cbsnews.com

Things are getting better, in 2019 it was 78%

78% Of Workers Live Paycheck To Paycheck

Here's what to do if you're living paycheck to paycheck.

www.forbes.com

 

[Meister]

Yes, I understand you want America to fail.

You just want to bury the facts. There was a lot of government money that was infused into the system.
That money isn't free. CC debt really has increased, inflation really has increased. Mortgage rates really
has increased.

 

[LordBrownTrout]

Things are getting better, in 2019 it was 78%

78% Of Workers Live Paycheck To Paycheck

Here's what to do if you're living paycheck to paycheck.

www.forbes.com

Not really, from 2019.

https://content.schwab.com/web/retail/public/about-schwab/Charles-Schwab-2019-Modern-Wealth-Survey-findings-0519-9JBP.pdf

 

[Billiejeens]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.


More good news:

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.




And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be

Uncoupled from reality.

 

[JustAGuy1]

I have to laugh at g, he screams to everyone about how Conservative he is while actively worshiping Joe Biden.

 

[Harpy Eagle]

Not really, from 2019.

View attachment 848365

https://content.schwab.com/web/retail/public/about-schwab/Charles-Schwab-2019-Modern-Wealth-Survey-findings-0519-9JBP.pdf

Forbes trumps Schwab

 

[The Duke]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.


More good news:

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.




And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be

 

[Markle]

A surge in wealth has boosted most US households since 2020 and helped sustain economic growth

The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts.

apnews.com

Wealth for the median household — the midpoint between the richest and poorest households — jumped 37% during those three years, the Federal Reserve reported, to nearly $193,000. (The figures are adjusted for inflation.) The increase reflected primarily a jump in home values and higher stock prices and a rise in the proportion of Americans who own homes and stocks.

More good news:

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind​

Still more good news:
US Unemployment Rate Holds at 3.8%

Yet more good news. The Dow is at 33,000. That's 14 percent higher than during the peak of the Trump administration.

And the success keeps coming: We are producing more oil than ever before.

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

I expect the reaction by those hoping for America to fail will be