Gallup's Unemployment Survey Skyrockets As Median Household Income Falls 4.4% Since June 2009

It has been a tough recovery for Americans, particularly for the middle class. In fact, feeble.

Median household income is down 4.4% since the end of the recession in June 2009.

Initial jobless claims rose to 336,000 in the most recent reading. And is above the level when interest rates started rising on May 1st.

Unemployment in the 16-19 year old segment is a Greek-like 23.70%, putting a crimp in the savings ability of America’s youth.

And the American Healthcare Act imposes a massive increase in healthcare costs on young men.

7 out of 10 jobs created since January 2009 have been part-time jobs, not full-time jobs.

The FHFA Purchase only index rose 0.7% in June, despite rising mortgage rates. Thank investors for that increase!

So you can now see why Wells Fargo is laying off so many people in the loan production group. Not exactly a ripe environment for household creation.

Government housing policy of pushing risky loans has been a disaster. Can we try something else?

Why do you think a corporation would want to pollute their environment or hurt their workers? You been reading Marx?

Business has a vested interest in being a good steward of both.

Pray for America to Wake Up

"Why do you think a corporation would want to pollute their environment or hurt their workers? "

All a company cares about is profits, as it should be. If it's more profitable to pollute while making their products, then they will pollute.

And we've seen that in our country. It's a good part of why we have so much regulation now. Companies acted in their own best interest and polluted. So they got sued and government put in regulations.

Why do you think there is no role for government to define the rules to protect our environment or protect our workers.

And if in defining those rules, costs are imposed our our industries, then shouldn't government provide some protection for those industries against countries whose governments don't require such measures.

Obama voters in general voted in their own interest.

In that sense, you are right. As long as those individuals have no ambition to make more than modest handouts give them over a lifetime, they voted for their best interest. There has always been a portion of the population satisfied with that. As we have all feared, it may be a tipping point where that number has grown enough to pre-determine national elections. We've seen it happen in California, New York, and cities like Detroit, LA, and many others.

With your view, this voting block cares not about a job or a rising income as is tradition in America. They are satisfied with a handout.

When I look at this, I look at the younger voters in particular who showed up in big numbers despite the fact that they are college educated, but stuck in service jobs living in their parents spare room. I am shocked to see that group vote in large numbers.They essentially were sealing out any chance of getting a career started before they turn 30. One conclusion is that the election became about gays, racism, abortion, fairness, and anything but the economy. Those people fell for the illusion tactics during the campaign.

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