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Smartmouthwoman
06-11-2012, 02:39 PM
Gee, thanks Obama. How could we have ever survived without you?


Fed: Americans’ wealth dropped 40 percent


By Ylan Q. Mui (http://thepoliticalforums.com/ylan-q-mui/2011/03/09/ABTPHIQ_page.html), Updated: Monday, June 11, 1:18 PM
The Washington Post


The net worth of the American family has fallen to its lowest level in two decades, according to government data released Monday, driven by a more than 40 percent drop in their stakes in their homes.

The Federal Reserve’s detailed survey of consumer finances showed families’ median wealth plunged from $126,400 in 2007 to $77,300 in 2010 — a 39 percent decline. That put them on par with median wealth in 1992.

The Fed’s data underscore the depth of the wounds of the Great Recession and how far many families remain from healing. The median value of Americans’ debt did not change between 2007 and 2010. Meanwhile, the housing market crash inflicted particularly severe damage, with the Fed showing that the median value of Americans’ equity in their homes plunged 42.3 percent between 2007 and 2010.

more

(http://www.washingtonpost.com/business/economy/fed-americans-wealth-dropped-40-percent/2012/06/11/gJQAlIsCVV_story.html)

Cigar
06-11-2012, 02:47 PM
any idea what happen during 2008 ... you know the 2nd Big Depression?

Oh wait, I forget, you Conservatives Brains don't go back that far ... because it's too painful.

BTW ... I'm guessing Americans are working at those Corporations that are making Record Profits ... you know, those Tax-Break Job Creator you Conservatives are always bragging about. :)

Thanks Bush for leaving your crap for someone to clean up.

Maybe your Supporters Mr. Bush can grab a shovel ... :)

Smartmouthwoman
06-11-2012, 02:58 PM
And didn't Barry do an excellent job of making things better?

Just think how bad off we'd be if he wasn't in the WH.

Oh wait...
http://4.bp.blogspot.com/-hWX0oMuBig4/Tz4NL58LM7I/AAAAAAAAEKQ/D8rOUX5f2Fs/s1600/Hes_Made_It_Worse_2_14_%282%29.jpg

Nevermind...

roadmaster
06-11-2012, 03:00 PM
Thanks Bush for leaving your crap for someone to clean up.

I didn't support Bush but Obama has done far more harm than Bush ever did.

Peter1469
06-11-2012, 04:05 PM
any idea what happen during 2008 ... you know the 2nd Big Depression?

Oh wait, I forget, you Conservatives Brains don't go back that far ... because it's too painful.

BTW ... I'm guessing Americans are working at those Corporations that are making Record Profits ... you know, those Tax-Break Job Creator you Conservatives are always bragging about. :)

Thanks Bush for leaving your crap for someone to clean up.

Maybe your Supporters Mr. Bush can grab a shovel ... :)

Can you name any Bush supporters here?

Smartmouthwoman
06-11-2012, 04:58 PM
http://t0.gstatic.com/images?q=tbn:ANd9GcQ7XbzHmBcPo7cNzN3V1SL-uvqciwEdQLHskcgep9RHZgIQeU6hoNwYsw

Unlike Obama supporters, I never thought Bush was perfect. But just about everything he did that I didn't like, he did to appease the left. You have to remember, that was back in the day when we thought the president was supposed to work for ALL Americans. Before Barack taught us it's OK to demonize the opposition

I was happy when the Bush's announced they were retiring to Dallas and moved to a beautiful innercity neighborhood just a few miles from mine. (albeit it in a much better part of town!)

Bush's $4 prescription plan made a world of difference for many low-income people I know. And I appreciated and still remember what I bought with the $600 tax rebate check he sent us.

At least I slept well at night when GW was in office. Can't say the same about Mr. Obama. He wasn't perfect... but in hindsight, he was a fucking genius.


http://www.whitehouse.gov/sites/default/files/first-family/masthead_image/43gb_header_sm.jpg?


IMHO, of course. ;)

Goldie Locks
06-11-2012, 05:44 PM
any idea what happen during 2008 ... you know the 2nd Big Depression?

Oh wait, I forget, you Conservatives Brains don't go back that far ... because it's too painful.

BTW ... I'm guessing Americans are working at those Corporations that are making Record Profits ... you know, those Tax-Break Job Creator you Conservatives are always bragging about. :)

Thanks Bush for leaving your crap for someone to clean up.

Maybe your Supporters Mr. Bush can grab a shovel ... :)


Do you have any documentation that it was a depression? I only heard recession. I thought you said you have done wonderfully since Ubama took office, now you're telling us how bad 2008 was...but since 2009 it's been great??? Within one month you went from depression to utopia....LMFAO!!!

Shovel??? Ubama said those shovel ready jobs aren't.....well ready.

Chris
06-11-2012, 05:50 PM
And didn't Barry do an excellent job of making things better?

Just think how bad off we'd be if he wasn't in the WH.

Oh wait...
http://4.bp.blogspot.com/-hWX0oMuBig4/Tz4NL58LM7I/AAAAAAAAEKQ/D8rOUX5f2Fs/s1600/Hes_Made_It_Worse_2_14_%282%29.jpg

Nevermind...


But but but it's all Bush's fault as cigar has proven by the force of his words!

Great posts! Annoy a liberal, use facts and logic.

Beevee
06-11-2012, 06:13 PM
But but but it's all Bush's fault as cigar has proven by the force of his words!

Great posts! Annoy a liberal, use facts and logic.

In which decade do you propose to do that?

Mainecoons
06-11-2012, 06:17 PM
How about right above your post? LOL

MMC
06-11-2012, 07:21 PM
How about right above your post? LOL

You mean that wasn't decades in the making? :laugh: