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Many Americans say their financial situation is worse since the Great Recession
CNBC ^ | June 14, 2019 | Annie Nova

Posted on 06/15/2019 9:07:43 AM PDT by EdnaMode

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Could that have anything to do with the millions of third world immigrants (both legal and illegal) who have come here and are driving down wages?
1 posted on 06/15/2019 9:07:43 AM PDT by EdnaMode
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To: EdnaMode

Could it have to do with the fact that for 8 years the “new normal” was defined so far downward?

These kinds of MSM stories are nothing more than a naked attempt to take the 8 years of economic nothingness under Obama and conflate it to DJT.


2 posted on 06/15/2019 9:13:02 AM PDT by FlipWilson
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To: EdnaMode

Illegal aliens are NOT Americans.


3 posted on 06/15/2019 9:14:33 AM PDT by CodeToad ( Hating on Trump is hating on me and Americans!.)
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To: EdnaMode

http://www.lerctr.org/~transit/healy/Uh_Yeah.mp3


4 posted on 06/15/2019 9:20:31 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: FlipWilson

Yup, that’s exactly right.


5 posted on 06/15/2019 9:22:40 AM PDT by EdnaMode
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To: EdnaMode

My financial situation is definitely worse now than it was before the Great recession. It was 2017 before I was making more in absolute terms than I had made in 2006. Accounting for inflation, it was 2018 before I matched my 2006 income. It has since gone up as the Trump Recovery from the Great Recession has taken hold.

My experience is not atypical. As a consultant I work with headhunters and companies all the time and talk with my colleagues. Their experiences match mine. We did not really recover from the Great Recession until the Fall of 2017. Obama’s entire time in office was a giant black hole that we are still recovering from.


6 posted on 06/15/2019 9:26:09 AM PDT by FLT-bird
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To: FLT-bird

Yeah, a giant A hole.


7 posted on 06/15/2019 9:32:08 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: EdnaMode

I lived north of Detroit, in the heart of the auto industry. In one day, my 18 year career was gone. I was unemployed for six months. Got a job 600 miles away, had to live separate from the family for 8 months, sold the house at a massive loss. About $75,000 loss of equity and value on a $200,000 home. Bought a much smaller older home for more money.

Are we financially better off now? Absolutely. We made lemonade and made the most of the challenges.

We worked hard and never missed any mortgage payments. Living below our means has always been a way of life.


8 posted on 06/15/2019 9:35:46 AM PDT by cyclotic
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To: FLT-bird

Your situation sounds strange but things like that can happen depending on the field of work, skill set, health situation, etc. What occupation are you in?


9 posted on 06/15/2019 9:38:21 AM PDT by plain talk
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To: EdnaMode

Obamacare is still sucking a tremendous amount of wealth out of the public’s pockets. That makes a huge impact on usable income.


10 posted on 06/15/2019 9:43:53 AM PDT by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: EdnaMode
"Worst economy since the Great Depression" worked for Bill Clinton so I guess they're going to try it again with the twist of "since the Great Recession". A recession, it's worth noting, that Obama kept going for most of the next eight years.

Not that Obama has ever been personally responsible for anything since way back when he was setting the price he sold pot for.

I ignore the fact that there are millions of illegal immigrants who are basically slaves to whoever will hire them for any low wage because the media has assured us all that that flood of illegal immigrants doesn't have any impact on the economy.

After all, if you believe the media about this "worst economy" stuff then you have to believe them about illegal immigrants not having any impact on the economy, right?

11 posted on 06/15/2019 9:44:01 AM PDT by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
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To: EdnaMode

8 years of Obama’s new normal stymied economic growth.

Even Obama did not expect his successor to work miracles — remember his snide ‘magic wand’ comment?


12 posted on 06/15/2019 9:46:09 AM PDT by TomGuy
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To: FlipWilson

I seen to remember Obama bailing out the auto industry including the new and used car ownership which would become the “by Obama Fiat”....Obama’s favoritism towards the Solyndra loan, his stimulus plan, American Recovery and Reinvestment Act of 2009 was at best misguided and money wasted...some people made out like bandits...others, if you were not on the Obama Gravy Train....


13 posted on 06/15/2019 9:56:23 AM PDT by yoe
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To: EdnaMode

The economy hurts the un-educated the most as they age, too.


14 posted on 06/15/2019 9:56:51 AM PDT by Rapscallion (If they are not for Trump, they are against him. Fire them.)
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To: EdnaMode

How many people actually remember the great depression?


15 posted on 06/15/2019 9:59:19 AM PDT by Wilderness Conservative (Nature is the ultimate conservative.)
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To: Wilderness Conservative

Well I was pretty depressed when Nebraska beat us in the 1995 Fiesta Bowl.


16 posted on 06/15/2019 10:00:04 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: EdnaMode
"The Great Recession has officially been over for a decade..??

I don't know the person who wrote this but, they have no idea what the hell their talking about....

17 posted on 06/15/2019 10:00:11 AM PDT by unread (Joe McCarthy was right.......)
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To: EdnaMode

Would not be surprised if a large number of those people live in states and cities controlled by democrats, nor would it surprise me if many just do not want to work and cannot hold a job for various reasons


18 posted on 06/15/2019 10:05:14 AM PDT by PIF (They came for me and mine ... now it is your turn ...)
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To: CodeToad

Illegal Aliens are Dem voters, which is why Dems need open borders for their very survival


19 posted on 06/15/2019 10:06:24 AM PDT by Sarah Barracuda
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To: EdnaMode

I lost a 40,000 a year job during Obama.

I’m employed now again under Trump but still running short of the 40 I used to make.


20 posted on 06/15/2019 10:09:38 AM PDT by marajade (Skywalker)
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