REPORT: US households incomes below end or recession

[Wyatt earp]

WASHINGTON (AP) — The average American household is earning less than when the Great Recession ended four
years ago, according to a report released Wednesday. U.S. median household income, once adjusted for inflation,
has fallen 4.4 percent in that time, according to the report
from Sentier Research. The report is based on an analysis
of Census Bureau data.
Iurl] bigstory.ap.org/article/report-us-household-income-below-end-recession[/url]

 

[Moonglow]

That is the very motivation for recessions, lower wages.

 

[Wyatt earp]

Got to love Obama care and part time jobs

 

[Vox]

hope and change, isn't it?

 

[ScienceRocks]

This just shows how fucked this country currently is....

 

[Freemason9]

This isn't an Obama thing. This is an America thing.

 

[TNHarley]

hope and change, isn't it?

more like hoping for change

 

[TNHarley]

This isn't an Obama thing. This is an America thing.

weird how you are not sounding partisan now LOL

 

[Vox]

hope and change, isn't it?

more like hoping for change

the change already arrived.

nobody seems to like it, though

 

[TNHarley]

hope and change, isn't it?

more like hoping for change

the change already arrived.

nobody seems to like it, though

I was talking about now lol

 

[Vox]

more like hoping for change

the change already arrived.

nobody seems to like it, though

I was talking about now lol

it is now. do you like it?

( I know what you mean, but the declared "change" arrived)

 

[Moonglow]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

 

[Vox]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

no, it is your messianic hope-and-change retard which caused it.

 

[ScienceRocks]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

Maybe we should Build/make something?


How about building Musk hyperloop?
How about investing into asteroid mining?
How about making it hard to send jobs over sea's????


Something that encourages higher paid jobs for the masses.

 

[Freemason9]

This isn't an Obama thing. This is an America thing.

weird how you are not sounding partisan now LOL

Don't get me wrong--I am utterly disgusted at the brutishness and idiocy that rules the modern Republican Party in America. But the Democratic Party is just as aristocratic.

All we can do now is watch as this economic system rots from the core outward. We are truly a nation of brutalized wage slaves with no voice in government.

 

[Freemason9]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

Maybe we should Build/make something?


How about building Musk hyperloop?
How about investing into asteroid mining?
How about making it hard to send jobs over sea's????


Something that encourages higher paid jobs for the masses.

How about limiting the influx of low-wage workers into the country? It sure works well in Australia . . . then again, Australia has a real national health care system, a much higher graduated minimum wage, and strict gun control laws.

Did you know that Australia's median household wealth is roughly 12x that of poor lowly Americans?

 

[FA_Q2]

That is the very motivation for recessions, lower wages.

What a silly statement. There are no ‘motivations’ for recessions, they are not centrally planned. They are the result of the fact that markets are not perfect by any stretch of the imagination and require adjustments every so often. They are bad and getting worse because we continually demand that the government soften the blow and then continue to prod the economy ever upward with no regard for the reality that what goes up will come down. What goes up even higher will come down even lower.

 

[The Rabbi]

That is the very motivation for recessions, lower wages.

What a silly statement. There are no ‘motivations’ for recessions, they are not centrally planned. They are the result of the fact that markets are not perfect by any stretch of the imagination and require adjustments every so often. They are bad and getting worse because we continually demand that the government soften the blow and then continue to prod the economy ever upward with no regard for the reality that what goes up will come down. What goes up even higher will come down even lower.

You'll have to forgive Moonface. He never had the benefit of education and thinks everything adverse that happens is because of big eevil corporations and everything good because of Democrats in office.

We are seeing the results of 5 years of Obamanomics. More regulation, higher taxes, more mandates. Who wants to hire in this environment? Who wants to expand a business? Who wants to start a business? Just this morning the WSJ had an interview with the founder of Staples, who said starting a company like that today would be considerably harder because of all those things.

 

[Vox]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

Maybe we should Build/make something?


How about building Musk hyperloop?
How about investing into asteroid mining?
How about making it hard to send jobs over sea's????


Something that encourages higher paid jobs for the masses.

WHERE do we get the money for investing a.k.a. spending?

 

[Freemason9]

it's the plutocracy of all the past govts. since Reagan that have fucked over the citizens

Maybe we should Build/make something?


How about building Musk hyperloop?
How about investing into asteroid mining?
How about making it hard to send jobs over sea's????


Something that encourages higher paid jobs for the masses.

WHERE do we get the money for investing a.k.a. spending?

We simply create it.