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PERSONAL INCOME DROPS 3.2% SINCE OBAMA... DEVELOPING...
Drudge ^ | April 12, 2010

Posted on 04/12/2010 3:35:10 PM PDT by library user

PERSONAL INCOME DROPS 3.2% SINCE OBAMA... DEVELOPING...

Just a headline for now.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 0bamasfault; 32percent; bhoeconomy; bhofascism; democrats; economy; obama; obamanation; obamasfault; obmabomics; personalincome
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1 posted on 04/12/2010 3:35:10 PM PDT by library user
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To: library user

Full story to follow.


2 posted on 04/12/2010 3:35:49 PM PDT by library user
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To: library user

B4 or after taxes?


3 posted on 04/12/2010 3:37:02 PM PDT by Paladin2
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To: library user

Many of us have been stagnant since the end of the clinton years and lost ground when factoring in taxes and health care/insurance costs. This is no surprise and has been happening for quite some time.


4 posted on 04/12/2010 3:37:20 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: library user

Only 3.2%? Perhaps they forgot to count the use to be very productive, but now unemployed people.


5 posted on 04/12/2010 3:37:53 PM PDT by LuvFreeRepublic (Support our military or leave. I will help you pack BO!)
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To: Paladin2

Its intentional and on purpose.


6 posted on 04/12/2010 3:40:10 PM PDT by GlockThe Vote
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To: DonaldC

You’re not saying Bush is at fault, are you? That is not the kind of position we want to take in an election year.


7 posted on 04/12/2010 3:40:34 PM PDT by RogerQ
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To: LuvFreeRepublic

Think this metric only counts people that actually still have income.


8 posted on 04/12/2010 3:41:05 PM PDT by Domandred (Fdisk, format, and reinstall the entire .gov system.)
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To: library user

3.2% sounds way too low.


9 posted on 04/12/2010 3:41:31 PM PDT by Jean S
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To: Jean S

I am down $235,000 on my 2009 vs. 2008. (Just did my taxes.)


10 posted on 04/12/2010 3:43:25 PM PDT by TheThirdRuffian (Nothing to see here. Move along.)
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To: RogerQ

I think our decline has been going on for decades and we still have quite a ways to go before we are on par with the 3rd world, which is where the gov and business alike seems to want us.


11 posted on 04/12/2010 3:43:48 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: nutmeg; Impy; ExTexasRedhead; fieldmarshaldj

The ‘Underground Economy’ in action!

That’s why the f*ck*rs want to institute a national VAT!


12 posted on 04/12/2010 3:45:07 PM PDT by GOPsterinMA (Welcome to the wonderful world of StupaKare!)
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To: TheThirdRuffian

What business are you in?


13 posted on 04/12/2010 3:46:34 PM PDT by edcoil (If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
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To: edcoil

The private sector is worse, since the Govt sector has been getting more money and more high paying jobs.


14 posted on 04/12/2010 3:48:07 PM PDT by Oldexpat
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To: library user

15 posted on 04/12/2010 3:48:25 PM PDT by Bratch
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To: library user

A bit optimistic aren’t they? I know mine has dropped significantly more than that. Our take-home has been cut (-2%), insurance has gone up, property taxes have gone up (10%), utilities have gone up (7%), groceries have gone up, and education expenses have gone up (about 8% so far and not all the new costs for next fall have been decided).


16 posted on 04/12/2010 3:49:35 PM PDT by bgill (The framers of the US Constitution established an entire federal government in 18 pages.)
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To: library user

I’d have been ecstatic if it was only a 3.2% drop in income.


17 posted on 04/12/2010 3:49:56 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: library user

“How’s that hopy changy thing working out for ya?”


18 posted on 04/12/2010 3:50:26 PM PDT by cake_crumb (President Reagan on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
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To: RogerQ

Nah everybody knows this is odumbos baby


19 posted on 04/12/2010 3:50:29 PM PDT by italianquaker (My bartender knew about the attempted Christmas attack before odumbo)
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To: library user
I just did our taxes, our persona income has been cut in half since Obama took the reigns.
20 posted on 04/12/2010 3:50:40 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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