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To: expat_panama

70 posted on 07/25/2014 10:17:28 AM PDT by Wyatt's Torch
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To: Wyatt's Torch; expat_panama
Interesting!

Just read the New York Times’ article "The Typical Household, Now Worth a Third Less".

http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html?_r=0

Bottomeline:
Median Household was worth about $88,000 in 2003 and 10 years later worth only about $56,000. Add to that a decrease in median income of a few thousand dollars and life has not improved much.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/29/chart-median-household-incomes-have-collapsed-during-the-recession

On top of that is seems this economy is making many part time jobs while full time jobs are harder to come by.

http://advisorperspectives.com/dshort/commentaries/Full-Time-vs-Part-Time-Employment.php
http://seekingalpha.com/article/1543592-full-time-versus-part-time-employment-a-closer-look

But maybe people are feeling happier. People feel what they feel.

73 posted on 07/26/2014 10:47:44 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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