New Orleans, LA 70181 (504) 888-8255 |
by Robert Namer |
info@webnetinfo.com ©2015, All rights reserved. |
SEPTEMBER 23, 2015
Real median household income in the United States has been on a generally downward trend since it peaked at the end of the last century in 1999, according to data released yesterday by the Census Bureau. In 2014, according to Table H-6 that the Census Bureau released along with its annual report on income and poverty in the United States, real median household income was $53,657.
The report said that was not statistically different from the 2013 median, which was $54,462. However, said the Census Bureau, the median household income of $53,657 in 2014 was 6.5 percent lower than the 2007 (the year before the most recent recession) median ($57,357), and 7.2 percent lower than the median household income peak ($57,843) that occurred in 1999.
Obama is the cause in the drop of household
incomes. It happened under his watch.