The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on August 02, 2014, 10:25:05 pm
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http://www.breitbart.com/Big-Government/2014/08/02/Middle-Class-Poorer-Now-than-in-1984 (http://www.breitbart.com/Big-Government/2014/08/02/Middle-Class-Poorer-Now-than-in-1984)
by Wynton Hall 2 Aug 2014, 1:04 PM PDT
Middle class Americans are poorer today than they were in 1984.
As Slate reported on Thursday, an analysis by the Russel Sage Foundation finds that median household wealth in 2013 was 20% less than it was in 1984.
(http://www.breitbart.com/mediaserver/2A29FCE3A98F4806B1E071CEAEF5308B.png)
According to CNS News, last month 92,001,000 people were no longer in the U.S. labor force, an increase of 11,472,000 since January 2009.
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Since the 1970s, inflation reporting has become corrupt. Everybody knows prices for essentials are way, way up. Food, fuel, clothing, etc.
The government reports, and basically lies and misleads folks to think nothing is wrong.
People know prices are up far, far in excess of incomes. GOP candidates should speak out, and blame the democrats and Obama for lying to us.
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Since the 1970s, inflation reporting has become corrupt. Everybody knows prices for essentials are way, way up. Food, fuel, clothing, etc.
The government reports, and basically lies and misleads folks to think nothing is wrong.
People know prices are up far, far in excess of incomes. GOP candidates should speak out, and blame the democrats and Obama for lying to us.
:thumbsup: