And also, or so it would seem, a growing number of Americans don’t seem to bothered all that much by the fact that they continue to earn less while at the same time be faced with each trip to the gas station or the grocery costing more than the last trip. And as it was recently pointed out by the Census Bureau in its annual report on "Income and Poverty in the United States, " real median household income as stagnated for two years after declining for two. Thanks in part to insane Democrat policies having to do with the economy.
And it’s according to this same report that, "Median household income was $51,939 in 2013, not statistically different in real terms from the 2012 median of $51,759." The report goes on to make the point that, "This is the second consecutive year that the annual change was not statistically significant, following two consecutive years of annual declines in median household income." So for those who have been paying attention, does such information really come as being much of a surprise?
So in telling us something that we should, from our own personal experiences, already know, American households are poorer now than they were when the 21st century began. According to the Census, "Median household income was $51,939 in 2013, not statistically different from the 2012 median in real terms, 8.0 percent lower than the 2007 (the year before the most recent recession) median ($56,436), and 8.7 percent lower than the median household income peak ($56,895) that occurred in 1999."
The same basic pattern holds for real average (as opposed to median) household income. Real average household income peaked at $77,287 (in constant 2013 dollars) back in 2000. For all you liberals out there, that was the last year of the 20th century. It dropped to $74,569 by 2004, and then climbed back up to $76,912 in 2006. But by 2013, it had dropped rather precipitously to $72,641, a real decline of 6.4 percent from the peak of 2000.
The real median income for households headed by high school dropouts peaked in 2000 at $30,699. In 2013, it was $25,672, a drop of 16.4 percent from the 20th-century peak. The real median income for households headed by high school graduates who did not attend college, peaked in 1999 at $49,802. In 2013, it was $40,701, a drop of 18.3 percent from the 20th-century peak. The real median income of households headed by Americans who have earned at least a bachelor's degree peaked in 1999 at $97,470. In 2013, it was $86,411, a drop of 11.3 percent from its 20th-century peak.
The real median income for married couple families peaked in 2007 at $81,552. By 2013, it had dropped to $76,339, a decline of 6.4 percent. In households headed by a male with no spouse present, real median income peaked in 1999 at $52,201. In 2013, it was $44,475, a decline of 14.8 percent. In households headed by a female with no spouse present, real median income in 2000 at $34,786. In 2013, it was $31,408, a decline of 9.7 percent.
At the beginning of the 20th century, America was still a pioneering nation. People were responsible for their own and their family's material well-being, and, I might add, very proud to be so. There was no Medicaid, no food stamps, no federal housing projects and no school lunch program, in other words it was before many of the liberal/progressive/Democrat policies were brought into being. In the 20th century, our government built these things ‘for’ us, and the pioneering spirit of the nation began to erode.
By the fourth quarter of 2012, according to the Census Bureau, 109,631,000 Americans were living in households that received benefits from one or more means-tested federally funded program. That was 35.4 percent of the national population. That was before Obamacare began full implementation this year, with its expansion of Medicaid and its premium subsidies for people who buy government-mandated government-approved health insurance plans on government-run exchanges.
It shouldn’t take a genius to figure out that if our welfare state continues to grow and expand, household incomes will continue to shrink. The questions that Americans now face, and the ones that each and every one of us should ask ourselves as we troop off to the polls this November are: Do we want to take care of, and control our own lives, or do we have government do it for us? And just how much more money are we going to need to fork over to the government before we say, enough is enough.
And, you know, just as a side note here, another reason for which I’m being told that there has been a sudden surge for the Democrats, regarding this November’s elections, is that many are said to have achieved some level of success in being able to distance themselves from Barry "Almighty." And how stupid are those people who would actually fall for such an idiotic ploy in the first place? Because while they may be trying to distance themselves before the election, they will be joined at the hip with Barry after the election.
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