America’s Lost Decade: Typical Household Wealth Has Plunged 36% Since 2003

by Tyler Durden
ZeroHedge.com
07/26/2014

Does it feel like you’re poorer? There is a simple reason why – you are! According to a new study by the Russell Sage Foundation, the inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36% decline… Welcome to America’s Lost Decade.

The Rest…HERE

This entry was posted on Sunday, July 27th, 2014 at 1:29 am and is filed under Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.