The typical Household makes less than it did Before the Recession

[Geaux4it]

I hear the communist one Obama hit Twitter last night blaming Bush for all kinds of economic woes. Oh the boogeyman. Did he ever apologize to you who are in the demographic discussed below?

-Geaux
----------------------

The typical American household, six years after the Great Recession, is still worse off, according to a report released Wednesday.

The Census Bureau reported that median household income was $53,657 in 2014. That's less than the 2013 median of $54,462, but not statistically different. What is of significance is that, when adjusted for inflation, the median household generated 6.5% less than they did in 2007, the year before the recession.

The declining living standards of the average American goes some way to explain why outsiders like Donald Trump and Ben Carson on the right, and Sen. Bernie Sanders on the left, are shooting up the polls for the presidential nomination.

The typical household makes less than it did before the recession

 

[waltky]

Usually less income = less drinking...

Great Recession Saw Less Drinking on the Job, More After Work
January 05, 2016 - While it’s widely known that being laid off from a job can lead some people to drink more alcohol, a new study shows that during the so-called Great Recession in the U.S. from 2007 to 2009, even those who kept their jobs drank more.

Writing in the journal Psychology of Addictive Behaviors, researchers from the University at Buffalo Research Institute on Addictions found that, based on two surveys of more than 5,000 people with jobs, drinking while at work dropped off, but drinking during off hours rose. "Even among the employed, economic downturns can create sources of work related and financial stress that may lead to lower levels of alcohol use during the work day, but higher levels of excessive and ill-timed alcohol use away from work," said study author Michael Frone, a senior research scientist at RIA.

A new study revealed the drinking habits of workers during the Great Recession.​

Frone said the drop off in at-work drinking likely was due to people not “putting their employment in jeopardy.” The researchers also found that middle aged workers tended to drink more than their younger counterparts, who saw no rise in drinking during the economic crisis. Frone said the increased family and financial responsibilities of middle aged workers could add to stress, making alcohol appealing.

Drinking excessively outside work can still impact work, Frone said. "Excessive drinking can lead to absenteeism or coming to work hung over, which can affect productivity," Frone said. "Also, increased drinking after work may lead to family problems, which can affect performance at work."

Great Recession Saw Less Drinking on the Job, More After Work

 

[saveliberty]

Yes, but before the recession people made more and we can thank Democrats for that...

<sarcasm off>

 

[bodecea]

I hear the communist one Obama hit Twitter last night blaming Bush for all kinds of economic woes. Oh the boogeyman. Did he ever apologize to you who are in the demographic discussed below?

-Geaux
----------------------

The typical American household, six years after the Great Recession, is still worse off, according to a report released Wednesday.

The Census Bureau reported that median household income was $53,657 in 2014. That's less than the 2013 median of $54,462, but not statistically different. What is of significance is that, when adjusted for inflation, the median household generated 6.5% less than they did in 2007, the year before the recession.

The declining living standards of the average American goes some way to explain why outsiders like Donald Trump and Ben Carson on the right, and Sen. Bernie Sanders on the left, are shooting up the polls for the presidential nomination.

The typical household makes less than it did before the recession

Our household and everyone we know must not be typical then....because we are all better off, making more than we did back then.

 

[saveliberty]

Our household and everyone we know must not be typical then....because we are all better off, making more than we did back then.

Anyone ever accuse you of being typical ever? Anyone?

 

[saveliberty]

Our household and everyone we know must not be typical then....because we are all better off, making more than we did back then.

Anyone ever accuse you of being typical ever? Anyone?

Good for you on the income. (serious about this part)

 

[The Rabbi]

The worst economic recovery on record. If you werent part of the top 5% then you saw incomes fall. And if you take out housing prices net wealth fell as well. And the worst hit were also the ones who supported Obama the most: Blacks, single women, those under 25.
And yet the Left still kisses his ballsack. It's like they're too stupid to know what happened.