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Americans: Hurting

U.S. INCOME LEVELS REMAIN STAGNANT … The federal government reported a decline in the nation’s poverty rate in 2013 – from 15 to 14.5 percent – although the number of Americans living below the poverty line remained unchanged. A total of 45.3 million Americans lived in poverty in 2013, the…

U.S. INCOME LEVELS REMAIN STAGNANT …

The federal government reported a decline in the nation’s poverty rate in 2013 – from 15 to 14.5 percent – although the number of Americans living below the poverty line remained unchanged.

A total of 45.3 million Americans lived in poverty in 2013, the U.S. Census Bureau reported – unchanged from 2012.

Meanwhile the nation’s median household income clocked in at $51,939 – which was statistically no different than it was in 2012 ($51,759).  Adjusted for inflation, though, last year’s figure is eight percent lower than it was when the recession began and nine percent below its 1999 peak.

Ouch …

For those of you unhip to economics, people can’t spend money they don’t have … which explains the ongoing stagnation in the American consumer economy.

Oh, and for all of you black Americans wondering where your “hope and change” went – the median household income for blacks clocked in at $34,600 – more than forty percent below the average non-Hispanic white household.

Yet another example of the Obama administration’s unkept promises …

For those of you keeping score at home, the Census Bureau will released detailed state information later this week.

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25 comments

John September 16, 2014 at 2:55 pm

Will, what happened to the T-Rav article? I guess you really are his bitch.

https://www.fitsnews.com/2014/09/17/thomas-ravenel-prepares-media-offensive/

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shifty henry September 16, 2014 at 3:22 pm

I find it curious that the article and ads vanished immediately after the news of the feds snooping around.
“The probe is said to focus on two areas – misuse of campaign funds and abusing one’s public office for personal gain.”( I don’t know anything about any statutes of limitations).

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SamAdams2010 September 16, 2014 at 4:06 pm

Miss Lindsay must be nervous to call in the feds to help pout.

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RogueElephant September 16, 2014 at 8:09 pm

Has Grahamnasty sicked the feds on T Rav ? That POS will do anything to win. Check your brakes before you get into traffic.

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Mike at the Beach September 16, 2014 at 10:04 pm

Come on now, everyone. Let’s not whip out the tin-foil hats just yet. The feds have a long history of having to slide down to crooked ol’ SC to clean house once in a while. Did LG “sick the feds” or local law enforcement on TR on any of his several other previous run-ins with the law, too? Conspiracy theories don’t become you.

RogueElephant September 17, 2014 at 8:07 am

There is a story out there, don’t know if it is true, that T Rav’s lawyers had got his charge down to simple possession (misdemeanor) and Graham’s “people” intervened and got it jacked back up to possession with intent (felony) just to keep him from causing any damage to LG. Again I just heard this but it sounds like something Graham would do. No matter how much some of us right thinkers loath LG he is not stupid.

Mike at the Beach September 17, 2014 at 8:18 am

That’s a whole lotta risk for not much reward, and just not the way the fed system works. State level solicitors- maybe (but even that would be stretch).

TontoBubbaGoldstein September 16, 2014 at 8:24 pm Reply
Mike at the Beach September 16, 2014 at 10:04 pm

A-W-E-S-O-M-E.

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euwe max September 16, 2014 at 3:01 pm

That’s not pockets… that’s UNDERWEAR!

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Bible Thumper September 16, 2014 at 3:57 pm

Requires further investigation.

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The Colonel September 16, 2014 at 3:57 pm

If she offers to “show you an elephant”, say NO!

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SC Political Digest September 16, 2014 at 3:06 pm

Duh FITS…but when I told you that pre-Nov. 2012, you just drove your head further up your @$$..

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The Castro September 16, 2014 at 3:39 pm

We can always count on you for a timely comment regarding male ass play.

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Repub-land September 16, 2014 at 3:12 pm

But what’s South Carolina’s excuse?

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Just another guy September 16, 2014 at 3:13 pm

Sic, You are not going to write about CaLPERS no longer using Hedge Funds bc of the fees vs the returns and the state of South Carolina Pension fund loading up on Hedge Funds?

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Uh huh September 16, 2014 at 3:42 pm

Sad thing is, they went to the casino somewhat knowingly(CaLPERS) because they are underfunded long term….so it was dubious to start.

My mom has a CaLPERS pension…I wouldn’t be surprised if I end up having to take care of her in 10 years financially. She doesn’t think so, but reading their annuals line by line is a scary event, and I gather few people do it.

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Eric Schmidt's Ghost Writer September 16, 2014 at 3:29 pm Reply
Bible Thumper September 16, 2014 at 3:53 pm

But what about the “raising the house photo”? I have it downloaded.

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Give me my damn cookie September 16, 2014 at 3:50 pm

“Census Bureau will released detailed”. Hey, I’m not trying to be a prick here but do you guys not proof-read your own work? Seriously, this site rails against the education system, occasionally touts the creds – Master’s degree from USC, 2 degrees from USC.
Christ, put some pride in your work, get a damn intern. Fuck. Throw one of those lawyers from the shopping center sweatshop a chic-filet coupon once a week and cure these errors, PLEASE.

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How about a lemonade? September 16, 2014 at 4:25 pm

“Throw one of those lawyers from the shopping center sweatshop a chic-filet coupon once a week and cure these errors”

lol…funny! Btw, it’s “Chick-fil-A”- don’t throw stones in glass houses, etc. et al, yada, yada, yada

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touche September 16, 2014 at 4:45 pm

I hear you and that’s fair but if I made my living publishing I would spend an extra 10 seconds on a spell-check.

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Wonderful September 16, 2014 at 5:58 pm

Thanks Lindsey Graham for helping!

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HarryStall September 16, 2014 at 11:38 pm

This is Obama’s economy. He broke it, he owns it.

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Tom September 18, 2014 at 1:30 pm

Actually Bush broke it, but Republicans want Obama to own it, so they don’t have to. That said, the economy is way better than when Bush left office.

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