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Thread: US Median Income Lowest Since 1995

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    Re: US Median Income Lowest Since 1995

    supply side economics delivering for America's middle class once again, not to mention the decline of labor organization.

    what we should try : more supply side!

    lol

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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by Arbo View Post
    Go ahead man, let that partisanship out fully. Don't hold back.
    As usual, not a fact in sight. Bush ACTUALLLY DID all the things that he gets blamed for. Stupid tax cuts. Stupid war. Stupid recession that his own stupid policies helped manufacture. He doesn't get to skate on those matters now or ever. History books will be maligning the Bush-43 presidency for as long as there are history books. Better get used to it -- you are backing one of history's great losers.

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    Re: US Median Income Lowest Since 1995

    Yea so this "trickle down" theory is working out so well right?


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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by TheDemSocialist View Post
    Yea so this "trickle down" theory is working out so well right?
    i have to admit that it is somewhat amusing when supply siders try to blame three years of one administration for trickle down not delivering.

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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by barbnf View Post
    "what's new when four times as many of our associates and relations drop out of the work force than find a job" ...

    Ahem! ... This is a REPUBLICAN "talking point" ... Actually, approximately, 10,000 Baby Boomers are retiring EVERY DAY ... That's about 300,000 per month of the approximately 400,000 who "drop out" ... IF you believe what the Republicans are trying to SELL ... YOU are not READING FOR UNDERSTANDING ...

    As for the level of poverty and homelessness in America today ... THAT has been developing for YEARS! ... The DISPARITY in income accelerated under the Bush Administration ... and IF allowed to do so again, the Republicans will exascerbate that SAD statistic ...

    The Middle Class DESERVES better and President Obama IS a champion of the Middle Class ... I have watched him since he won the Democratic nomination and although I supported then Senator Hillary Clinton, I have come to UNDERSTAND and TRULY APPRECIATE OUR great President! ...

    Some of our fellow citizens NEED to learn GRATITUDE ... We were SAVED from another GREAT DEPRESSION ... We did however experience a GREAT RECESSION, the WORST since the GREAT DEPRESSION ... We should ALL feel a GREAT DEAL OF GRATITUDE to President Obama and his Administration for delivering us ALL from the BRINK ... which the Republicans left us with ... OPEN YOUR EYES, PLEASE! ...
    And Romney's plan will take us right back to where we were. Same old policies that only help the wealthy!!

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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by barbnf View Post
    Ahem! ... This is a REPUBLICAN "talking point" ... Actually, approximately, 10,000 Baby Boomers are retiring EVERY DAY ...
    Well, let's be fair. The 10,000 per day number actually refers to boomers who turn 65. Many of them are already retired, of course, and many of them soon will retire, but some will choose to keep working, whether because they want to or have to.

    Quote Originally Posted by barbnf View Post
    IF you believe what the Republicans are trying to SELL ... YOU are not READING FOR UNDERSTANDING ...
    Most often, you don't really need to read at all -- you know it's going to be a bunch of BS before you even begin. Notice that these folks talk about the labor force only when it goes down. Of course it doesn't always do that. Over the most recent 18 months in fact, it's gone up 10 times and gone down 8 times. Republicans don't care. It went down this past month, so they are here to shriek. It's up by 250K since the start of the year as well, but Republicans don't care about that either. They are simply here to shriek.

    Quote Originally Posted by barbnf View Post
    As for the level of poverty and homelessness in America today ... THAT has been developing for YEARS! ...
    Yes, virtually all these negatives are simply extensions of trends that were set in motion by a previous administration. What Republcians actually argue here is that Obama should have had a Magic Wand and should have used it to make everything all better as of January 21, 2009. They won't accept any blame for where their heroes took us, and they certainly won't take any blame for the even more heinous acts of Republicans to prolong the recession that they made and extend the term of suffering for millions of Americans.

    Obama does not have a Magic Wand. He is not a knight in shining armor. He is just a much better and more effective chief executive that anyone the Republicans have thought of in a very long time.

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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by Carleen View Post
    And Romney's plan will take us right back to where we were. Same old policies that only help the wealthy!!
    But he's such a foreign policy sharpie...

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    Re: US Median Income Lowest Since 1995

    Things have been stagnant for most of Americans since the 70's.

    Code:
    	                                        1975         2010
    
    Median Household Income	                      43,479	    49,445	 13.72%
    GDP	                                   4,879,500	13,088,000	168.22%
    
    
    Income Source Document
    Code:
    Median Household Income By Administration
    
                   Year  
    Presisdent     Prior   Ending      Change    Pct Change
    Obama	      50,939  49,445 	  (1,494)	-2.93%
    Bush W 	      53,164  50,939 	  (2,225)	-4.18%
    Clinton	      46,646  53,164 	   6,518 	13.97%
    Bush H	      48,216  46,646 	  (1,570)	-3.26%
    Reagan	      44,616  48,216 	   3,600 	 8.07%
    Carter	      44,201  44,616 	     416 	 0.94%
    Last edited by John.NoseTip; 09-16-12 at 03:25 PM.

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    Re: US Median Income Lowest Since 1995

    Quote Originally Posted by Cardinal Fang View Post
    Better get used to it -- you are backing one of history's great losers.
    As usual, more statements of fantasy.

    'Helped manufacture'... how nice of you to skip all those that came before him that helped drive us into the mess as well. But that's what partisan hacks such as yourself excel at...
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

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    Re: US Median Income Lowest Since 1995

    I may be wrong but I think that the reason all policies of Obama, and Bush before him, are failing is because they are all focusing on getting the banks happy enough to start lending more away to the american people... Lending credit or whatever. It seems to me that such a policy is a failure from the start since you are only encouraging people to be more and more in debt by themselves... then when they fail to pay off the debt, you need to bail them out... which in turn puts all the people, even the ones who didn't get loans... into debt... and that seems highly illogical.

    Why not focus on a policy that encourages saving money... not lending or credit.

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