Time To Send Off Another Letter To Your Congressman….Household Income Figures Since 1975, All Of Us Pinions Vs Memebers Of Congress

| September 20, 2013

Here’s a full history of the Census Bureau’s figures for median household income.  Notice that median household income in 2012 is below the 1989 figure. That’s 23 years. Not so good. Now let’s look at things from 1975, which is the begining of these records…..Median household income has increased by a cumulative, grand total of 11% […]

The NSA Knows All About Your Credit Card Spending Habits

| September 15, 2013

Wise Dog Sources: For the third time in the past few weeks Tyler Durden of Zero Hedge has scooped a block buster story on the tracking and recording habits of the NSA (National Security Agency). You can review the previous two stories right here at The Stated Truth by scrolling down to September 2nd (Say It Ain’t […]

Retirement Market Assets Are Looking Much Better…But We Have A Long Way To Go

| March 8, 2013

Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about  $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]

Mortgage Applications Look Ugly

| March 21, 2012

Not so good for mortgages…the Average 30 year fixed rate soared to 4.19% from 4.06% last week, while the refi percent of loans dropped to 73.4% – the lowest since July 2011. The latest MBA Mortgage Application data was just released and it was ugly. The broad Mortgage Application index fell by 7.4% in the week ending March […]

Household Earnings Data Breakdown

| June 4, 2011

Here we go with a summary of earnings details per household as of May 2010 (it hasn’t changed much since). We repeat….we’re talking earnings details in this missive not wealth or net worth. 40% of US households make below $36,000 60% make below $57,000 80% make below $91,750 95% making below $165k 98% making less than $250,000 […]

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