Quote:
Originally Posted by Vendzilla
http://finance.yahoo.com/blogs/daily...172130204.html
A new study published by the Russell Sage foundation helps explain why many families feel like they?re falling behind: They actually are. The study, which measures the average wealth of U.S. households by income level, reveals a startling decline in wealth nationwide. The median household in 2013 had a net worth of just $56,335 -- 43% lower than the median wealth level right before the recession began in 2007, and 36% lower than a decade ago. ?There are very few signs of significant recovery from the losses in wealth suffered by American families during the Great Recession,? the study concludes.
So please, enlighten us and show us where the economy is getting better?
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Sure, let me explain it to you. I'll type slow to help you understand.
Your article says:
The median household in 2013 had a net worth of just $56,335 -- 43% lower than the median wealth level right before the recession began in 2007, and 36% lower than a decade ago.
The article says we are down since the recession. Of course, the recession wiped us out in 2007-2009. Since then we've been getting better.
You are here whining about five years of economic growth. I know you hate Obama, but man, face reality already.