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COMMENTARY OF THE DAY
by
Robert Namer
Voice Of Americans
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©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.
 
 

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