Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,998
27%  
Woo hoo!! And we're now over 27%!! Thank you all very much!! God bless.

Keyword: top10pct

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  • How Long Can the Top 10% Households Prop Up the "Recovery"?

    10/31/2014 10:47:32 AM PDT · by SeekAndFind · 11 replies
    Of Two Minds ^ | 10/31/2014 | Charles Hugh-Smith
    The question of "recovery" really boils down to this: how much longer can the top 10% prop up the expansion? A flurry of recent media stories have addressed housing unaffordability, for example Why Middle-Class Americans Can't Afford to Live in Liberal Cities. The topic of housing unaffordability crosses party lines: Housing Ownership Back to 1995 Levels (U.S. Census Bureau). Other stories reflect an enduring interest in the questions, what is a living wage?and what is a middle-class income? These questions express the anxiety that naturally arises from the sense that we're sliding downhill in terms of our purchasing power--a reality that is confirmed by this chart:...