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Msg  53339 of 55840  at  8/29/2012 12:41:22 PM  by

aldigit01


 In response to msg 53330 by  wooten
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Re: Inflation adjusted income below reccession levels:

<<  This summer, the Federal Reserve reported that the downturn eviscerated two decades of gains in Americans’ wealth.   >>
 
 
While they angle it towards class warfare, what they don't say is that the two decades of gains in Americans' wealth was an illusion based in large part upon increasing credit / debt rather than real, true economic gains.


 
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