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  Topic: Median Household Income Down
in Nearly Every Battleground State
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Median Household Income Down
in Nearly Every Battleground State

Breitbart's Big Government, by Tony Lee

Original Article

Posted By:Photoonist, 10/9/2012 10:22:02 PM

In yet another sign of how poorly the economy is doing under President Barack Obama, the median household income declined last year in every key battleground state except for Iowa and Wisconsin. The American Community Survey compiled the data. Nevada and Florida were the hardest hit, seeing declines of 6% and 3%, respectively. New Hampshire, Virginia, Colorado, Pennsylvania, Arizona, Michigan, Ohio, Missouri, North Carolina, New Mexico also saw their median household incomes decline, mirroring national trends.The median household income in 2008 for the United States was $54, 197. In 2010, it was $51, 114. In 2011, it declined even more

Comments:
What a commercial this could make; short, to the point and devastating. "Under President 0bama you are making less money than before he took office. [scroll figures and graph for particular state] And he wants to tell you this is a recovery."

      


Post Reply  

Reply 1 - Posted by: RedWhiteBlue, 10/9/2012 10:39:03 PM     (No. 8921833)

I thought I heard that some restaurants are going to part time employees so that they won't be hit with having to purchase 0bamacare or be hit with a fine!!! How's THAT for household's incomes going down for even more people?

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Reply 2 - Posted by: asu86pe, 10/9/2012 10:59:05 PM     (No. 8921869)

Throw in:

1) More than twice the price for gas from 3 years ago,
2) Depreciated housing,
3) Higher food cost based on higher transportation,
4) Lower returns on the dollar,
and that's just the short list.


Is it November 6th yet?


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Reply 3 - Posted by: Charactercounts, 10/9/2012 11:17:57 PM     (No. 8921899)

It's costing us double to purchase gas for our cars, and double to heat our house with oil.

That's in addition to food price inflation, and increased costs for everything else including health insurance, and no interest on savings.

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Reply 4 - Posted by: veritas, 10/10/2012 1:19:19 AM     (No. 8922045)

Posters have got it. The decline in income [absolute numbers] is only a part of the story.

Take higher prices into account, and the decline is standard of living is much worse.

Sure would be interesting to know the actual decline. And the actual unemployment figures.

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