American Incomes Are Falling And Near-Retirees Are Getting Crushed

Posted By on August 26, 2012

Life as we thought it to be,  has changed for ever!  So what’s the new plan? Uh….Hello

By Henry Blodget – Daily Ticker

Annual incomes in the United States have dropped sharply in recent years, and near-retirees are getting hit the worst.

That’s the conclusion of a new study by Sentier Research, which looked at the trend in median U.S. household incomes since 2000.

Twelve years ago, after adjusting for inflation, the median household in the United States earned about $55,000 per year, reports Catherine Rampell of the New York Times, citing Sentier’s data.

Now, the median income has fallen to about $51,000.

The two age-groups that have been hit the worst in this period are households led by those in the 55-64 age group and those in the 25-34 age group. The incomes of the near-retirees have fallen by nearly 10% in the past three years.

This data explains why our economic recovery is so sluggish.

www.jsmineset.com

About the author

Comments

4 Responses to “American Incomes Are Falling And Near-Retirees Are Getting Crushed”

  1. I went over this site and I conceive you have a lot of superb information, saved to my bookmarks (:.

  2. XRumerTest says:

    Hello. And Bye.

  3. You have observed very interesting points! ps decent site. “We make ourselves a ladder out of our vices if we trample the vices themselves underfoot.” by Saint Augustine.

  4. link says:

    You made some decent points there. I looked on the internet for the issue and found most guys will agree with your site.

Leave a Reply

Copyright © 2016 The Stated Truth | Website Operator: John Schultz