Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (135037)	6/11/2012 4:30:49 PM
From: FJB	7 Recommendations Read Replies (1) of 224729

OBAMA DESTROYS NET WORTH OF AMERICANS Fed: Americans’ wealth dropped 40 percent By Ylan Q. Mui, Updated: Monday, June 11, 11:18 AM The net worth of the American family has fallen to its lowest level in two decades, according to government data released Monday, driven by a more than 40 percent drop in their stakes in their homes. The Federal Reserve’s detailed survey of consumer finances showed families’ median wealth plunged from $126,400 in 2007 to $77,300 in 2010 — a 39 percent decline. That put them on par with median wealth in 1992. Continues... washingtonpost.com

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