The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially. Thus, the average wealth and prosperity in the United States is down over 1/3rd just in 10 years.
conservative labor, conservative labor movement, food stamps, health care, Uncategorized, unemployment, welfare problems, worst economy
Millions of Americans to Poor to leave home. 57 Million Americans from working familes affected.
by admin •
The economy and employment has forced millions to live with their parents or grandparents. A massive record breaking 57 million Americans, or a wopping 18.1% of the population, is living in multigenerational arrangements in 2012, according to the Pew Research Center. This is double the meager 28 million people who lived in such households in 1981.
Related articles
Uncategorized
DC March for Jobs Sen. Elbert Guillory
by admin •
Opinion of leaders regarding Jobs and the Economy in the USA. The impact of immigration and boarder security.
Uncategorized
Donald Trump – Economy, Oil and Worst Economy Ever
by admin •
If oil and inflation gets too high, working families suffer. CNBC puts unemployment at over 12 percent. http://www.cnbc.com/id/101810685
Houston Texas, immigration, labor immigration, unions immigration
What are Working Families Saying about Immigration and Labor
by admin •
Local Texans enraged about unfair immigration.
conservative labor, conservative labor movement, conservative union, Uncategorized
Welcome to the CDM Conservative Democrat Machine
by admin •
Conservative Democrats – The Leader in Worker Rights
If you want to improve your knowledge and rights to work, thrive and survive, you are in the right place.
We are A UNION OF WORKERS WHO WANT TO CONTRIBUTE TO THIS COUNTRY WHILE PROVIDING MAXIMUM BENEFITS TO THOSE WHO WANT TO SERVE.