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Household income down 8.2 percent since Obama took office, study shows (Great "recovery". /sarc)
fox news ^ | 9/26/2012 | fox news

Posted on 09/26/2012 1:20:02 PM PDT by tobyhill

Median household incomes have fallen 8.2 percent since President Obama took office and continue to drop despite the official end of the recession, a new study shows. Data compiled by Sentier Research found that since the economic recovery technically began in June 2009, median household income has dropped 5.7 percent. As of August, that median income was $50,678 -- also down 1.1 percent from the month prior. And since Obama took office in January 2009, the median income has fallen 8.2 percent, from $55,198 to its present figure. "The August decline in real median annual household income is indicative of a struggling economy," Sentier said in its report. "Even though we are technically in an economic recovery, real median annual household income is having a difficult time maintaining its present level, much less 'recovering.'"

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; News/Current Events
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1 posted on 09/26/2012 1:20:05 PM PDT by tobyhill
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To: tobyhill

8.2%

The number unemployed, income lost, and oversampled Dems.


2 posted on 09/26/2012 1:21:49 PM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: nhwingut
A Middle Class family making $60,000 four years ago is now making $5,000 less a year, thanks to Obama.
3 posted on 09/26/2012 1:30:29 PM PDT by tobyhill (Obamacare, the final nail in the US coffin.)
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To: tobyhill

Why aren’t Republicans running ads on this constantly?

That is the winning issue.


4 posted on 09/26/2012 1:34:34 PM PDT by LowTaxesEqualsProsperity
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To: tobyhill

On Glen Beck he had some numbers for how much extra in gas we pay. I thought he said $9000 for a family per year, but that seems too much. Say 2 cars, each at 15k miles at 20mpg = 1500 gallons of gas, at $2/gal. more this year than in 2004 is $3000 annual increase for two cars. STILL - that’s a bunch of money.


5 posted on 09/26/2012 1:37:06 PM PDT by 21twelve (So I [God] gave them over to their stubborn hearts to follow their own devices. Psalm 81:12)
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To: LowTaxesEqualsProsperity

—— Why aren’t Republicans running ads on this constantly? ——

Ditto bump


6 posted on 09/26/2012 1:39:22 PM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: LowTaxesEqualsProsperity
The Lame Stream Media is the gatekeepers. They will give equal time but not equal time of day. Notice on every college and pro game we see Obama Commercials but they run Romney Commercials during their lame shows that no one watches.
7 posted on 09/26/2012 2:02:37 PM PDT by tobyhill (Obamacare, the final nail in the US coffin.)
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To: tobyhill

WAIT A FRIGGIN MINUTE!

OBlamer is always talking about the sacrifice in the middle class.. What is the real number is when you exclude the RICH, folks making over $200,000..

What has the middle and lower classes lost in real dollars in buying power since their savior has been watching out for them?

The buying power of the fewer, weaker dollar has been devastating to a typical working family.. Especially having to accept employment in lower wage jobs of this putrid economy.. That is the crime of his failed Presidency..


8 posted on 09/26/2012 3:37:29 PM PDT by carlo3b (Less Government, more Fiber..)
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To: tobyhill

Are you saying that when I purchase a tv advert, it’s not priced based on the amount of viewership (ratings) for the time period?

I don’t think that’s true at all.


9 posted on 09/26/2012 3:44:57 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: nascarnation
That's why the ratings are rigged. The only true ratings are in sports.
10 posted on 09/26/2012 5:52:58 PM PDT by tobyhill (Obamacare, the final nail in the US coffin.)
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