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View Diary: Pew: More than half of Americans say household incomes have 'hardly recovered' from Great Recession (49 comments)

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  •  Very modest recovery for them since 2011. ... (1+ / 0-)
    Recommended by:
    Vetwife

    ...with the big problem being that savings, home equity (and investments if they had them) fell sharply.

    Don't tell me what you believe, show me what you do and I will tell you what you believe.

    by Meteor Blades on Thu Sep 12, 2013 at 02:26:20 PM PDT

    [ Parent ]

    •  Source? (nmi) (0+ / 0-)

      "Exxon’s CEO was recently quoted as saying, ‘What good is it to save the planet if humanity suffers?’, as if the future of humanity could be separated from the ecosystems on which we depend." -- Charlotte Wilson

      by Cassiodorus on Thu Sep 12, 2013 at 02:33:36 PM PDT

      [ Parent ]

      •  Sure... (1+ / 0-)
        Recommended by:
        ladybug53

        ...The two charts below the fold in my diary yesterday about the 10% collecting half the income in 2012 show it. And there is this bit of copy from the NYT to go with it:

        Mr. Piketty and Mr. Saez show that the incomes of [the 99%] stagnated between 2009 and 2011. In 2012, they started growing again—if only by about 1 percent. But the total income of the top 1 percent surged nearly 20 percent that year. The incomes of the very richest, the 0.01 percent, shot up more than 32 percent.

        Don't tell me what you believe, show me what you do and I will tell you what you believe.

        by Meteor Blades on Thu Sep 12, 2013 at 02:39:19 PM PDT

        [ Parent ]

        •  I have to wonder though -- (0+ / 0-)

          about rental costs, and whether or not they've gone up since 2011 with the revival of the housing bubble...

          "Exxon’s CEO was recently quoted as saying, ‘What good is it to save the planet if humanity suffers?’, as if the future of humanity could be separated from the ecosystems on which we depend." -- Charlotte Wilson

          by Cassiodorus on Thu Sep 12, 2013 at 02:43:41 PM PDT

          [ Parent ]

          •  Actually, rents went up early on because of the... (1+ / 0-)
            Recommended by:
            ladybug53

            ...vast numbers of foreclosures, with people moving into rented digs and tightening the vacancy rates.

            Don't tell me what you believe, show me what you do and I will tell you what you believe.

            by Meteor Blades on Thu Sep 12, 2013 at 02:58:15 PM PDT

            [ Parent ]

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