Family Income
Posted: Tue Sep 09, 2014 8:35 am
by snakeoil
The average American family makes $200 less a year than it did in 1998. Be sure to check out the other pages of this link for other interesting charts.
http://www.marketwatch.com/story/the-am ... 2014-09-05" onclick="window.open(this.href);return false;
Re: Family Income
Posted: Tue Sep 09, 2014 9:28 am
by johnforbes
Middle class folks have been squeezed over the past 5-6 yrs.
The poor got 99 weeks of unemployment, and 46 million are on food stamps, 11 million now on SS disability.
But middle class folks who had some type of 401, or perhaps a taxable mutual fund, got out of the stock market at the worst time in late 08 or early 09.
Then, with their faith in the market shattered, they failed to get back in and realize the gains the past 5 years brought.
And Obama keeps talking about amnesty for 12 million illegal immigrants, which take the low-wage jobs which Americans would do for a living wage, but illegals keep those wage levels very low.