[library user]

Full story to follow.

[Paladin2]

B4 or after taxes?

[DonaldC]

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.

[LuvFreeRepublic]

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

[Jean S]

3.2% sounds way too low.

[GOPsterinMA]

The ‘Underground Economy’ in action!

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

[Bratch]

[bgill]

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).

[pissant]

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

[cake_crumb]

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

[Jim from C-Town]

I just did our taxes, our persona income has been cut in half since Obama took the reigns.

[exnavy]

In a related story, taxes took an unexpected rise today ...

[GeronL]

and prices are rising.

[OldMissileer]

Just wait until the “Bush” tax cuts are allowed to expire at the end of this year, then look at your paycheck.

[jimbo123]

[kabar]

The latest data show 22.1 million immigrants holding jobs in the U.S. with an estimated 7 million being illegal aliens. By increasing the supply of labor between 1980 and 2000, immigration reduced the average annual earnings of native-born men by an estimated $1,700 or roughly 4 percent. Among natives without a high school education, who roughly correspond to the poorest tenth of the workforce, the estimated impact was even larger, reducing their wages by 7.4 percent. The reduction in earnings occurs regardless of whether the immigrants are legal or illegal, permanent or temporary. It is the presence of additional workers that reduces wages, not their legal status.

[dawn53]

3% across the board cut at my husband’s place of employment last year...so this jibes with our experience.

[mowowie]

My personal income has dropped a lot farther than 3.2%.

Actually just about everybody i know is hurting right now.

As a kid i saw the year 2000 and beyond as going to be incredible.
I was wrong.

[Gator113]

Within a few months, we will long for the days when the drop was only 3.2%.

Within a year, 3.2% will feel like pennies.

[ladyvet]

3.2%....I wish. 20% less for our household. Complain and your told your lucky to have work.