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Household Income Falls -- Again

Discussion in 'Political Issues' started by aircarver, Mar 30, 2012.

  1. aircarver

    aircarver Ride Continues Silver Member

    The amount of income available to households after accounting for taxes and inflation fell 0.1 percent after declining 0.2 percent in January.

    With consumption outpacing income, the saving rate dropped to 3.7 percent, the lowest rate since August 2009.

    Had enough yet ?

    http://www.cnbc.com/id/46902933

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  2. JohnnyReb

    JohnnyReb Lifetime Member

    4,089
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    Sep 20, 2004
    FEMA REGION III
    That's a change to believe in.

    Outdoor Hub mobile, the outdoor information engine
     

  3. snerd

    snerd

    15,063
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    We will bring these haughty, high and mighty, arrogant Americans down to third-world status if it's the last thing we do!

    Most people think it is still just 'politics as usual'. Wasn't there another incidence of millions of people being carted off without putting up a fight?
     
  4. cowboywannabe

    cowboywannabe you savvy?

    22,706
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    Jan 26, 2001
    no, working household incomes have dropped. welfare incomes have risen.
     
  5. Jonesee

    Jonesee

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    Apr 16, 2009
    I chose not to participate.
    My income is still rising.
     
  6. m51

    m51

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    Free market capitalism, you don't like it?
     
  7. Jonesee

    Jonesee

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    Apr 16, 2009
    Who me? I love it. It has been very good to me.
     
  8. m51

    m51

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    Jan 26, 2006
    Me too, it has been very good over the years. The Bush tax cuts really helped me out.