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View Full Version : Fed Reserve Income Moved Higher for???



sailsmen
08-03-2012, 07:15 PM
Per the Federal Reserve between 2007-10 "...while the median real income fell 7.7% and retirees and non-workers incomes rose"!


"The Fed survey found that the median value of family income, when adjusted for inflation and before taxes, fell by 7.7 percent — from $49,600 in 2007 to $45,800 in 2010. The median is the midpoint of all family income."

"The decline in median income was widespread across demographic groups, with only a few groups experiencing stable or rising incomes," the Fed survey said. "Most noticeably, median incomes moved higher for retirees and other nonworking families."

Hey all you workers you are nothing but a bunch of SUCKERS!