{"id":5453,"date":"2012-09-13T04:26:54","date_gmt":"2012-09-13T08:26:54","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5453"},"modified":"2012-09-13T04:26:54","modified_gmt":"2012-09-13T08:26:54","slug":"household-income-falls-to-lowest-point-since-1995","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/13\/household-income-falls-to-lowest-point-since-1995\/","title":{"rendered":"Household Income Falls to Lowest Point Since 1995"},"content":{"rendered":"

By YUVAL ROSENBERG, The Fiscal Times:<\/p>\n

Median household incomes adjusted for inflation fell 1.5 percent to $50,054. That\u2019s 8.1 percent lower than it had been in 2007, the year before the recession, and almost 9 percent lower than the peak income level reached in 1999. The last time median household income was lower was 1995 \u2013 meaning it\u2019s been a lost decade and a half for Americans looking to get ahead.<\/p>\n

The gross domestic product has gone from $7.4 trillion to $15.1 trillion in current-dollar terms over that time, suggesting that families have fallen behind even as the economy has expanded.<\/p><\/blockquote>\n

via Household Income Falls to Lowest Point Since 1995<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By YUVAL ROSENBERG, The Fiscal Times: Median household incomes adjusted for inflation fell 1.5 percent to $50,054. That\u2019s 8.1 percent lower than it had been in 2007, the year before the recession, and almost 9 percent lower than the peak income level reached in 1999. The last time median household income was lower was 1995 … <\/p>\n

Continue reading “Household Income Falls to Lowest Point Since 1995”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[1524,2273],"class_list":["post-5453","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-gdp","tag-median-household-incomes"],"yoast_head":"\nHousehold Income Falls to Lowest Point Since 1995 - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Household Income Falls to Lowest Point Since 1995 - the patient investor\" \/>\n<meta property=\"og:description\" content=\"By YUVAL ROSENBERG, The Fiscal Times: Median household incomes adjusted for inflation fell 1.5 percent to $50,054. 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Coder, former Census Bureau officials, wrote a report based on Census data that explored household incomes during and after the recession. They found that starting in June 2009, at the official end of the recession, up to June 2011, the inflation-adjusted median household\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5678,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/04\/how-obama-and-biden-buried-the-middle-class\/","url_meta":{"origin":5453,"position":1},"title":"How Obama and Biden Buried the Middle Class","author":"Colin Twiggs","date":"October 4, 2012","format":false,"excerpt":"By EDWARD MORRISSEY Is this a political inconvenient truth? Has the middle class been \u201cburied\u201d the last four years? By any measure, the middle class has certainly lost ground. Median household income has declined each of the last four years, a decline which has accelerated during the Obama \u201crecovery\u201d that\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4619,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/","url_meta":{"origin":5453,"position":2},"title":"The Institute For Fiscal Studies – Biggest one-year fall in middle incomes since 1981","author":"Colin Twiggs","date":"June 15, 2012","format":false,"excerpt":"\u201cThe fall in median income in 2010\u201311 of 3.1% was the largest one-year fall since 1981 and returned it to the level last seen in 2004\u201305,\u201d says Jonathan Cribb, a Research Economist at the IFS. \u201cThis was driven largely by a decline in real earnings as the impact of the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8122,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/17\/canadian-housing-bubble-looks-ripe-for-popping-toronto-star\/","url_meta":{"origin":5453,"position":3},"title":"Canadian housing bubble looks ripe for popping | Toronto Star","author":"ColinTwiggs","date":"July 17, 2013","format":false,"excerpt":"Adam Peterson writes the Canadian housing bubble is headed for a \"slow-motion\" crash: My gravest concern is that Canada is fast approaching a 5:1 home-price-to-income ratio, a benchmark achieved by the U.S. at the peak in 2006. Since the correction, the U.S. ratio now hovers at approximately 3:1.To compound the\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52731,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/13\/us-consumer-incomes-and-credit-card-debt\/","url_meta":{"origin":5453,"position":4},"title":"US consumer incomes and credit card debt","author":"Colin Twiggs","date":"May 13, 2024","format":false,"excerpt":"Many market commentators talk about the struggling US consumer, with rising costs forcing them to take on expensive debt, but this is not borne out by the data. Real disposable personal income per capita (blue below) reached $50.4K in March, compared to the pre-pandemic peak of $48K in Feb 2020.\u2026","rel":"","context":"In "Debt Levels"","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"Real Disposable Personal Income Per Capita & Government Transfers","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":38974,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/22\/australias-debt-end-game\/","url_meta":{"origin":5453,"position":5},"title":"Australia’s debt end game","author":"Colin Twiggs","date":"November 22, 2022","format":false,"excerpt":"We are nearing the end of a thirty year bull market in credit, during which time the overnight cash rate in Australia fell from 18% in 1989 to 0.03% in 2021. Low interest rates enabled households to borrow more relative to their income, with housing debt expanding 4.5 times, over\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5453"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5453\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}