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The Great One....


SnowRider

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:snack: OBAMA!!!  Great news....now le s keep the R's from fucking it up in November. 

After years of watching their incomes go nowhere, America's middle class finally got a big raise last year. 

Median household income rose to $56,516 in 2015, up 5.2% from a year earlier, according to data released by the U.S. Census Bureau Tuesday. It marks the first increase in median income since 2007, the year before the Great Recession started. 

 

The data is sure to become a talking point in the 2016 presidential election. Donald Trump has repeatedly hammered home that income is $4,000 lower than it was in 2000. (That's true if you are comparing it to 2014 data, which had been the most recent available. But Trump often referenced it as current figures, which makes it false.) 

Related: Trump's economic speech: CNN's Reality Check Team vets the claims

Hillary Clinton, meanwhile, will likely use the uptick to show that the economy is recovering. 

Poverty: Median income was not the only bright spot in the Census release. The poverty rate ticked down to 13.5% in 2015, from 14.8% a year earlier. Some 43.1million Americans were in poverty, 3.5 million less than in 2014. 

Trump also references the poverty rate to show that Americans have suffered under President Obama. The rate was at 12.5% in 2007, before the Great Recession hit. It jumped to 15.1% in 2010 and has slowly drifted downward since.

 http://money.cnn.com/2016/09/13/news/economy/median-income-census/index.html

 
 

 

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11 minutes ago, SnowRider said:

:snack: OBAMA!!!  Great news....now le s keep the R's from fucking it up in November. 

After years of watching their incomes go nowhere, America's middle class finally got a big raise last year. 

Median household income rose to $56,516 in 2015, up 5.2% from a year earlier, according to data released by the U.S. Census Bureau Tuesday. It marks the first increase in median income since 2007, the year before the Great Recession started. 

 

The data is sure to become a talking point in the 2016 presidential election. Donald Trump has repeatedly hammered home that income is $4,000 lower than it was in 2000. (That's true if you are comparing it to 2014 data, which had been the most recent available. But Trump often referenced it as current figures, which makes it false.) 

Related: Trump's economic speech: CNN's Reality Check Team vets the claims

Hillary Clinton, meanwhile, will likely use the uptick to show that the economy is recovering. 

Poverty: Median income was not the only bright spot in the Census release. The poverty rate ticked down to 13.5% in 2015, from 14.8% a year earlier. Some 43.1million Americans were in poverty, 3.5 million less than in 2014. 

Trump also references the poverty rate to show that Americans have suffered under President Obama. The rate was at 12.5% in 2007, before the Great Recession hit. It jumped to 15.1% in 2010 and has slowly drifted downward since.

 http://money.cnn.com/2016/09/13/news/economy/median-income-census/index.html

 

 

 

still a chit job by barry.

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United States GDP Annual Growth Rate  Forecast 2016-2020

GDP Annual Growth Rate in the United States is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in the United States to stand at 2.60 in 12 months time. In the long-term, the United States GDP Annual Growth Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

United States GDP Annual Growth Rate

http://www.tradingeconomics.com/united-states/gdp-growth-annual/forecast

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3 minutes ago, racer254 said:

And this is the kind of shit that snowbeavis thinks is good.  With less than 2 months left in his presidency Obama, a democrat releases this information and snowbeavis laps it up.

And the "increase" comes in at just a tad over the three year mark in 2013 when it should have reached these numbers in the cycle. EVERYONE REJOICE! :lmao:

 

19 minutes ago, Capt.Storm said:

and the gdp rate is what?

Still breaking record low growth numbers.

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7 minutes ago, Mainecat said:

Republicans as usual hoping for American failure

Hoping for it?  We've been watching it for 10 years?  Poor Libs...wanna claim "VICTORY" for something in the Obunga Administration.  But...all just smoke and mirrors.  Oh wait...he did unite our races quite well and in no way did he spew inflammatory rhetoric for 8 years that created a more divisive America.  SO, at least he did that.  Wait.....I'd better check on that....hold on.....

Edited by Zambroski
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