The Washington Post is reporting that the Fed has announced a 40% decline in Americans' wealth...
"The net worth of the American family has fallen to its lowest level in two decades, according to government data released Monday, driven by a more than 40 percent drop in their stakes in their homes.
The Federal Reserve’s detailed survey of consumer finances showed families’ median wealth plunged from $126,400 in 2007 to $77,300 in 2010 — a 39 percent decline. That put them on par with median wealth in 1992."
For the whole story, click HERE
Well, BRAVO Barack, you've better than kept your promise to spread the
wealth misery around and all of that inside of four years. OUTSTANDING!
As compensation for your herculean efforts, I'm just praying the country's voters give you similar numbers on November 6th.