Date: Nov 5, 2012 3:05 PM
Subject: Re: Speachless In New York (or, another OMG moment)
Household income and earnings dropped 7% (from $52,823 to $49,445) between 2007 and 2010, and if the trend continued over the last two years, then it is now down to $47,178. Is there any reason to believe this trend did not continue?
Which households suffered the MOST under Obama? BLACK households, whose incomes dropped 11% to only $32,068 and are most likely down another 7% by now to $29,823.
http://www.census.gov/prod/2011pubs/p60-239.pdf Table A-1