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Thread: The typical American family makes less than it did in 1989

  1. #1
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    Default The typical American family makes less than it did in 1989

    For my money, the most depressing fact about the economy is not the fact that household incomes were basically flat in 2012 (the real median household income was down to $51,017 from $51,100 in 2011, a statistically insignificant change). It wasn't even the fact that 15 percent of the U.S. population was living in poverty, according to the official, flawed definition of the term.

    Nah, the most depressing result comes when you look at the longer view of household incomes in the United States. This chart shows real median household income over the past 25 years; that is, the money earned, in inflation-adjusted dollars, by the family at the exact middle of the income distribution.
    The typical American family makes less than it did in 1989
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    Default Re: The typical American family makes less than it did in 1989

    I Have said that before how in the 80's there was plenty of money around , and things were cheaper too , people spent money in the 80's , things started going down hill in the mid to late 90's
    222lifer likes this.

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    Default Re: The typical American family makes less than it did in 1989

    Quote Originally Posted by UNION 282 View Post
    I Have said that before how in the 80's there was plenty of money around , and things were cheaper too , people spent money in the 80's , things started going down hill in the mid to late 90's
    Clinton signed NAFTA. In come the cheap imports and out go the jobs, down go the union numbers, and out goes the money.
    UNION 282 likes this.

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    Default Re: The typical American family makes less than it did in 1989

    The chart shows household incomes in the United States dropped over $4000 per year for the middle class from 2007-2012. Hey that's under Obama's watch..one of many failures
    Here is just a short list of Obama’s Failures:

    1. Hawaii is in Asia
    2. Passing on the keystone pipeline.
    3. Touts a Green Energy Company as exemplary that fails a year later.
    4. Using the Gulf Oil Spill to promote Green Energy – instead of cleaning it up.
    5. Thinking the Tea Party is a passing fad – or that they are racists.
    6. Pulling out of Iraq with no clear victory over insurgent forces.
    7. Trying to re-write history through speeches – with inaccurate information (i.e. Statue of Liberty)
    8. Getting a Nobel Prize for being the most ineffective President in the history of the United States, though some say it was for his pigment.
    9. Putting all legislation on the Internet for five days before it comes to a vote.
    10. Returning the bust of Churchill to the Brits.
    11. Giving a collection of DVDs to the British PM.
    12. Denying the notion of American Exceptionalism.
    13. Promising to close Gitmo — failing to do so.
    14. Securing the Olympics for Chicago in 2016.
    15. Naming numerous Communists/Socialists/Progressives to his various Czar positions and then watching them scurry for cover when Beck begins to call them out, forcing them to resign.
    16. Government races for NJ, VA and the Senate Seat in Mass.
    17. The midterm elections, which Obama himself called a shellacking.
    18. Prediction that stimulus would ensure that unemployment doesn’t exceed 8%.
    19. Bowing to just about everybody.
    20. Proposing amnesty for illegal aliens to increase the population of voters for Democrat elections.
    21. He said, I have visited 57 states. Now there is just 1 left to visit.
    22. Obama to Medvedev…give me space I will have more flexibility after my election.











    Promising to close Gitmo — failing to do so.
    Securing the Olympics for Chicago in 2016.
    Naming numerous Communists/Socialists/Progressives to his various Czar positions and then watching them scurry for cover when Beck begins to call them out, forcing them to resign.
    Government races for NJ, VA and the Senate Seat in Mass.
    The midterm elections, which Obama himself called a shellacking.
    Prediction that stimulus would ensure that unemployment doesn’t exceed 8%.
    Bowing to just about everybody.
    Proposing amnesty for illegal aliens to increase the population of voters for Democrat elections.
    He said, I have visited 57 states. Now there is just 1 left to visit.
    Obama to Medvedev…give me space I will have more

  5. #5
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    Default Re: The typical American family makes less than it did in 1989

    Quote Originally Posted by bean View Post
    The chart shows household incomes in the United States dropped over $4000 per year for the middle class from 2007-2012. Hey that's under Obama's watch..one of many failures
    Here is just a short list of Obama’s Failures:

    1. Hawaii is in Asia
    2. Passing on the keystone pipeline.
    3. Touts a Green Energy Company as exemplary that fails a year later.
    4. Using the Gulf Oil Spill to promote Green Energy – instead of cleaning it up.
    5. Thinking the Tea Party is a passing fad – or that they are racists.
    6. Pulling out of Iraq with no clear victory over insurgent forces.
    7. Trying to re-write history through speeches – with inaccurate information (i.e. Statue of Liberty)
    8. Getting a Nobel Prize for being the most ineffective President in the history of the United States, though some say it was for his pigment.
    9. Putting all legislation on the Internet for five days before it comes to a vote.
    10. Returning the bust of Churchill to the Brits.
    11. Giving a collection of DVDs to the British PM.
    12. Denying the notion of American Exceptionalism.
    13. Promising to close Gitmo — failing to do so.
    14. Securing the Olympics for Chicago in 2016.
    15. Naming numerous Communists/Socialists/Progressives to his various Czar positions and then watching them scurry for cover when Beck begins to call them out, forcing them to resign.
    16. Government races for NJ, VA and the Senate Seat in Mass.
    17. The midterm elections, which Obama himself called a shellacking.
    18. Prediction that stimulus would ensure that unemployment doesn’t exceed 8%.
    19. Bowing to just about everybody.
    20. Proposing amnesty for illegal aliens to increase the population of voters for Democrat elections.
    21. He said, I have visited 57 states. Now there is just 1 left to visit.
    22. Obama to Medvedev…give me space I will have more flexibility after my election.











    Promising to close Gitmo — failing to do so.
    Securing the Olympics for Chicago in 2016.
    Naming numerous Communists/Socialists/Progressives to his various Czar positions and then watching them scurry for cover when Beck begins to call them out, forcing them to resign.
    Government races for NJ, VA and the Senate Seat in Mass.
    The midterm elections, which Obama himself called a shellacking.
    Prediction that stimulus would ensure that unemployment doesn’t exceed 8%.
    Bowing to just about everybody.
    Proposing amnesty for illegal aliens to increase the population of voters for Democrat elections.
    He said, I have visited 57 states. Now there is just 1 left to visit.
    Obama to Medvedev…give me space I will have more
    .............and he's killing all the eagles with his wind turbines. LOL!
    You know more about him than you know about your wife. IT'S TRUE LOVE BEAN.

 

 

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