U.S. INCOME LEVELS REMAIN STAGNANT …
The federal government reported a decline in the nation’s poverty rate in 2013 – from 15 to 14.5 percent – although the number of Americans living below the poverty line remained unchanged.
A total of 45.3 million Americans lived in poverty in 2013, the U.S. Census Bureau reported – unchanged from 2012.
Meanwhile the nation’s median household income clocked in at $51,939 – which was statistically no different than it was in 2012 ($51,759). Adjusted for inflation, though, last year’s figure is eight percent lower than it was when the recession began and nine percent below its 1999 peak.
Ouch …
For those of you unhip to economics, people can’t spend money they don’t have … which explains the ongoing stagnation in the American consumer economy.
Oh, and for all of you black Americans wondering where your “hope and change” went – the median household income for blacks clocked in at $34,600 – more than forty percent below the average non-Hispanic white household.
Yet another example of the Obama administration’s unkept promises …
For those of you keeping score at home, the Census Bureau will released detailed state information later this week.
25 comments
Will, what happened to the T-Rav article? I guess you really are his bitch.
https://www.fitsnews.com/2014/09/17/thomas-ravenel-prepares-media-offensive/
I find it curious that the article and ads vanished immediately after the news of the feds snooping around.
“The probe is said to focus on two areas – misuse of campaign funds and abusing one’s public office for personal gain.”( I don’t know anything about any statutes of limitations).
Miss Lindsay must be nervous to call in the feds to help pout.
Has Grahamnasty sicked the feds on T Rav ? That POS will do anything to win. Check your brakes before you get into traffic.
Come on now, everyone. Let’s not whip out the tin-foil hats just yet. The feds have a long history of having to slide down to crooked ol’ SC to clean house once in a while. Did LG “sick the feds” or local law enforcement on TR on any of his several other previous run-ins with the law, too? Conspiracy theories don’t become you.
There is a story out there, don’t know if it is true, that T Rav’s lawyers had got his charge down to simple possession (misdemeanor) and Graham’s “people” intervened and got it jacked back up to possession with intent (felony) just to keep him from causing any damage to LG. Again I just heard this but it sounds like something Graham would do. No matter how much some of us right thinkers loath LG he is not stupid.
That’s a whole lotta risk for not much reward, and just not the way the fed system works. State level solicitors- maybe (but even that would be stretch).
https://www.youtube.com/watch?v=V1tmkAFb_Os
A-W-E-S-O-M-E.
That’s not pockets… that’s UNDERWEAR!
Requires further investigation.
If she offers to “show you an elephant”, say NO!
Duh FITS…but when I told you that pre-Nov. 2012, you just drove your head further up your @$$..
We can always count on you for a timely comment regarding male ass play.
But what’s South Carolina’s excuse?
Sic, You are not going to write about CaLPERS no longer using Hedge Funds bc of the fees vs the returns and the state of South Carolina Pension fund loading up on Hedge Funds?
Sad thing is, they went to the casino somewhat knowingly(CaLPERS) because they are underfunded long term….so it was dubious to start.
My mom has a CaLPERS pension…I wouldn’t be surprised if I end up having to take care of her in 10 years financially. She doesn’t think so, but reading their annuals line by line is a scary event, and I gather few people do it.
Google Cache is our friend. You can still comment on the article even.
http://webcache.googleusercontent.com/search?sourceid=chrome-psyapi2&ion=1&espv=&ie=UTF-8&q=cache%3Awww.fitsnews.com%2F2014%2F09%2F15%2Fthomas-ravenel-prepares-media-offensive%2F
But what about the “raising the house photo”? I have it downloaded.
“Census Bureau will released detailed”. Hey, I’m not trying to be a prick here but do you guys not proof-read your own work? Seriously, this site rails against the education system, occasionally touts the creds – Master’s degree from USC, 2 degrees from USC.
Christ, put some pride in your work, get a damn intern. Fuck. Throw one of those lawyers from the shopping center sweatshop a chic-filet coupon once a week and cure these errors, PLEASE.
“Throw one of those lawyers from the shopping center sweatshop a chic-filet coupon once a week and cure these errors”
lol…funny! Btw, it’s “Chick-fil-A”- don’t throw stones in glass houses, etc. et al, yada, yada, yada
I hear you and that’s fair but if I made my living publishing I would spend an extra 10 seconds on a spell-check.
Thanks Lindsey Graham for helping!
This is Obama’s economy. He broke it, he owns it.
Actually Bush broke it, but Republicans want Obama to own it, so they don’t have to. That said, the economy is way better than when Bush left office.