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Author Topic: "American paychecks fall to 1995 levels as poverty continues to sweep US..."  (Read 14030 times)
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Monkey All Star Jr.
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Posts: 7754

« on: December 29, 2014, 02:51:40 PM »

And...Obama defends his policies with a pen and a phone...

"American paychecks fall to 1995 levels as poverty continues to sweep US, new census report shows"

Currently, there are 118.6m full-time workers in the US, according to the August jobs report. Thatís a 2m increase since August of 2013.

These gains may sound impressive, but theyíre not putting a dent in the US unemployment crisis. Labor-force participation, a measure of how many Americans have jobs, is at lows not seen since the recession of the early 1980s.

Americans are earning less than they did in 2007
Americans are currently earning as much as they were in 1995 when the median household income was $51,719.

Americans still lag in earning the same wages they brought in before the recession. In 2013, the median household income went up just $180, reaching $51,939. The median household income in 2007, was $56,436.

Itís no wonder that 46% of Americans still think that US is in recession, despite the fact that the recovery technically began in June 2009.

read more here - http://www.theguardian.com/money/us-money-blog/2014/sep/16/us-census-bureau-stagnant-report-figures

Where's the beef?  Can't afford the hamburger for dinner helper?

No chicken for the pot?  Can't afford the $5 nuggets?

Working poor?  To much week left after the paycheck is gone?

What happened to hope and change?

Who represents the working people of America?

All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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