Household wealth in the U.S. climbs to a record

[bedowin62]

$75 billion a month results in a $20 trillion increase in wealth?

We should have done it years ago

the $75 billion is CORPORATE WELFARE TO BANKS leftard

own it

Any way you cut it. If it results in a $20 trillion increase in wealth for the country, it is worth it. $900 billion a year yeilds $20 trillion in five years?

I'll take that every day

yawn

like i said idiot; then why are welfare and food stamps at record levels if things are so great?

 

[rightwinger]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

 

[bedowin62]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

the record welfare and food stamps leftard

address that

 

[rightwinger]

Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances.

Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.

Wow......close to a $3 trillion increase in wealth in just ONE QUARTER

Beat that Republicans

 

[bedowin62]

Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances.

Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.

Wow......close to a $3 trillion increase in wealth in just ONE QUARTER

Beat that Republicans

RECORD WELFARE AND FOOD STAMPS UNDER OBAMA

all you care is that the richest got richer

wow some liberal you are

 

[Againsheila]

Up $20 trillion dollars since 2009...

Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances.

Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.

More jobs, higher stock prices and improved home values have all helped consumers clean up their balance sheets in the years following the biggest recession since the Great Depression. Additional gains in the labor market and household wealth will be needed to give consumers the means to spend on goods and services, boosting economic growth.

Household Worth in U.S. Climbs by $2.95 Trillion to Record - Bloomberg

I don't understand. They slightly raised the cost of my house so I have more wealth? But energy food and everything else we need has skyrocketed in prices so how can we have more wealth when we have to cut corners just to survive?

 

[LordBrownTrout]

RW....ill ask you this because Dean and Chris are well lets just say....they are kinda brainwashed .....your not there yet.....there are threads here by Democrats/Liberals saying everyone is getting poorer,from the middle class on down.....how can people be getting poorer and richer at the same time?...just askin.....

Let me give you a hint where the majority of that increase in wealth went

It wasn't our poorest 1%

leftard; every body knows under obama the rich are getting richer FASTER than they did under obama' and the poor and middle class are getting poorer

I swear that was the left narrative yesterday that the poor and middle class are gettin screwed. A day later they're swimming in 20 trillion dollars of accumulated wealth.

 

[PoliticalChic]

The stimulus worked.

"....real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession."
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession | The Weekly Standard

 

[driveby]

$75 billion a month results in a $20 trillion increase in wealth?

We should have done it years ago

the $75 billion is CORPORATE WELFARE TO BANKS leftard

own it

Any way you cut it. If it results in a $20 trillion increase in wealth for the country, it is worth it. $900 billion a year yeilds $20 trillion in five years?

I'll take that every day

Meanwhile record numbers of folks are out of the workforce and on food stamps. Some of you chuckleheads will believe anything....

 

[OKTexas]

Even when its good the right sees bad on the way...they swear...Pessimistic bunch they are arent they

75 billion a month from the fed pumping up the bubbles, what happens when they turn the pump off? No hurry, I'll wait.

$75 billion a month results in a $20 trillion increase in wealth?

We should have done it years ago

Only fools and children think you can borrow your way to prosperity and we know you ain't no child.

 

[OKTexas]

Up $20 trillion dollars since 2009...

Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances.

Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.

More jobs, higher stock prices and improved home values have all helped consumers clean up their balance sheets in the years following the biggest recession since the Great Depression. Additional gains in the labor market and household wealth will be needed to give consumers the means to spend on goods and services, boosting economic growth.

Household Worth in U.S. Climbs by $2.95 Trillion to Record - Bloomberg

I don't understand. They slightly raised the cost of my house so I have more wealth? But energy food and everything else we need has skyrocketed in prices so how can we have more wealth when we have to cut corners just to survive?

The advantage of printing money out of thin air, it reduces the value of all money, it's called inflation, but you ain't seen nothing yet.

 

[KNB]

If American household wealth grew $20t since 2009, and 95% of the financial gains since 2009 have gone to the richest 1%, then just how much money did the richest 1% gain?
http://elsa.berkeley.edu/~saez/saez-UStopincomes-2012.pdf
Top 1 percent in US took biggest share since 1928 - Yahoo Finance
Obama admits 95% of income gains gone to top 1% - Sep. 15, 2013
Some 95% of 2009-2012 Income Gains Went to Wealthiest 1% - Real Time Economics - WSJ

 

[oreo]

Up $20 trillion dollars since 2009...

Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans’ finances.

Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.

More jobs, higher stock prices and improved home values have all helped consumers clean up their balance sheets in the years following the biggest recession since the Great Depression. Additional gains in the labor market and household wealth will be needed to give consumers the means to spend on goods and services, boosting economic growth.

Household Worth in U.S. Climbs by $2.95 Trillion to Record - Bloomberg

I don't understand. They slightly raised the cost of my house so I have more wealth? But energy food and everything else we need has skyrocketed in prices so how can we have more wealth when we have to cut corners just to survive?

You haven't increased in wealth. The OPT is only giving the first part of the article if you look at the second half--you will see that household DEBT has increased. Along with a lot of government spending.

The only people that are doing well--are the ones who have had investments in the stock market. Why? Because companies aren't rolling out those paychecks so their bottom lines are doing well. WHEN SALES INCREASE across the board in every market--and employers are FORCED to hire then and only then can we say that this recession is over.

 

[ClosedCaption]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

So much for Obama being a socialist. I know it wont stop them from saying it but at least they cant do it honorably

 

[rightwinger]

75 billion a month from the fed pumping up the bubbles, what happens when they turn the pump off? No hurry, I'll wait.

$75 billion a month results in a $20 trillion increase in wealth?

We should have done it years ago

Only fools and children think you can borrow your way to prosperity and we know you ain't no child.

Of course you can't.....which makes any claim that the $20 trillion Obama economic boom is due solely to a $75 billion pumping up a bubble is ridiculous

 

[rightwinger]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

So much for Obama being a socialist. I know it wont stop them from saying it but at least they cant do it honorably

That is because the economy always does better with a Democrat in the White House

 

[OKTexas]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

So much for Obama being a socialist. I know it wont stop them from saying it but at least they cant do it honorably

That is because the economy always does better with a Democrat in the White House

How sweet, a lefty 69, tooting each others horn. ROFLMAO

 

[buckeye45_73]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

So much for Obama being a socialist. I know it wont stop them from saying it but at least they cant do it honorably

That is because the economy always does better with a Democrat in the White House

Who is sputtering, and this economy sucks. Wow, you guys will defend anything.

 

[Harry Dresden]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

like you said earlier RW.....who is the main recipient of that wealth?.....

 

[driveby]

So Conservatives...

The WORST President in US History presides over a $40 trillion swing in personal wealth and all you can do is sputter?

So much for Obama being a socialist. I know it wont stop them from saying it but at least they cant do it honorably

That is because the economy always does better with a Democrat in the White House

Reagan's economy was better than Carter's.......

Bush's economy was better than Obama's......

Deal with it........