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Tuesday, June 12, 2012

American Family Net Worth Nosedives 40%, Obama Approval Still 50%

According to government data, the net worth of the average American family is down almost 40 percent from 2007. In 2007, the average family’s median wealth was $126,400; by 2010, it was just $77,300. A dramatic dip in housing value accounted for much of that decline. “Recovery from the so-called Great Recession has also been particularly slow,” said the Fed.

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3 comments:

Anonymous said...

I wouldn't give a whole lot of credence to these liberal polls.

Anonymous said...

The miracle of the US is that any idiot can grow up to become President if he/she can find enough people who will ignore the facts & vote on emotions.

Anonymous said...

50% of the country leeches off of the other 50% who work and pay taxes. It is coming down to those who work in the private sector against those who get paid off of the backs of the taxpayer, ie: the public sector. Thats the whole idea in destroying the economy though-create a permanent welfare class that votes for Democrats.