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Thread: Household Income Fell 4.8% During Economic Recovery, Study Finds

  1. #11
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    Re: Household Income Fell 4.8% During Recovery, Study Finds

    Quote Originally Posted by CriticalThought View Post
    Although I wouldn't call him the "messiah", I would argue that things are better than they were spiraling into a recession.
    I already know that some folks are never going to stop apologizing for obama
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Household Income Fell 4.8% During Economic Recovery, Study Finds

    Quote Originally Posted by MaggieD View Post
    I take an absolute exception to this:

    THAT is a bunch of baloney. Retired Americans have been crushed by our current economic downturn. They've not only lost 25% equity in their homes, they are living on 1/4th of the income they earned on their cash assets with the artificial "let's help the banks" interest rate fix of the last three-four years. Combine that with Social Security increases that haven't come close to inflation, and an inflation rate since 2008 of approximately 6.4%, and there's absolutely no way they haven't lost much more than the average American family.
    Just to point out, equities since the recession ended have climbed quite a bit.

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    Re: Household Income Fell 4.8% During Recovery, Study Finds

    Quote Originally Posted by apdst View Post
    I already know that some folks are never going to stop apologizing for obama
    I don't apologize for Obama. I didn't even vote for Obama. But I don't like people making claims that are not supported by the evidence they provide, and this is clearly the case. Even if the market was doing as well today as it was before the recession, you would likely be arguing that it could have done much better if not for Obama. That is your agenda.
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

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