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Ultimate Clemson Legend [98453]
TigerPulse: 100%
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Joined: 2009
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American households spent $709 more this July than..
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Aug 13, 2023, 4:25 PM
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July 2021! Biden & Regime crazily call it:
B I D E N O M I C S~
Hey Dems, did you vote against Trump to get this sad monetary state that’s killing your wallet & bank account.
Elections have consequences, especially those that are full of possibilities that fraud and corruptness most possibly existed which time is exposing.
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Campus Hero [13336]
TigerPulse: 100%
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Relax. It gets worse.***
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Aug 13, 2023, 4:40 PM
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Athletic Dir [881]
TigerPulse: 57%
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Re: American households spent $709 more this July than..
Aug 13, 2023, 4:59 PM
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Median household income is up way more than that. Maybe people are finally saving.
Lesson: that statistic doesn't mean what you think it means.
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Campus Hero [13336]
TigerPulse: 100%
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Joined: 2001
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Way over $8000 per year?
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Aug 13, 2023, 5:19 PM
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First I've heard of that
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Athletic Dir [881]
TigerPulse: 57%
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Re: Way over $8000 per year?
Aug 14, 2023, 12:29 AM
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You don't just multiply by 12. Biggest spending months in the year are June/July, then December. But "way over" was definitely an exaggeration.
Anyway, I thank them for driving the GDP and giving me one of the best 12 months of investment returns I've had since the gangbuster years of 1995 and 1996.
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Athletic Dir [881]
TigerPulse: 57%
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Re: Way over $8000 per year?
Aug 14, 2023, 1:06 AM
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Couldn't find July estimates yet.
Going by June estimates, median household income increased from about $70,000 to $81,843 on an annual basis. So 50% more than $8,000.
Be careful not to use inflation adjusted dollars for this particular comparison. Using inflation-adjusted dollars, there's an increase also, even with the high inflation of 2022, from $78,000 to $81,843.
Yes, that's right for the morons about to reply - real median household income has increased from 2021 to 2023 by about $3800 on an annual basis. For those same morons, this means that median household income increased faster than inflation.
https://seekingalpha.com/article/4622215-median-household-income-in-june-2023
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All-In [10765]
TigerPulse: 98%
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Posts: 13210
Joined: 2021
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Re: American households spent $709 more this July than..
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Aug 13, 2023, 7:21 PM
[ in reply to Re: American households spent $709 more this July than.. ] |
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Very good. Let’s enjoy seeing those whose incomes fell below the median suffer.
Today’s lefties are so caring about the less fortunate.
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Asst Coach [894]
TigerPulse: 72%
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Re: American households spent $709 more this July than..
Aug 14, 2023, 1:24 AM
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Do you know what the median is?
If one person falls below the median, another person has to rise above it. Otherwise the median changes.
The poverty line is probably what you are thinking of. But the official poverty rate is as low as it’s ever been, around 11.5%.
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Game Day Hero [4422]
TigerPulse: 100%
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Athletic Dir [881]
TigerPulse: 57%
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Re: American households spent $709 more this July than..
Aug 14, 2023, 12:33 AM
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Maybe for the 2 or 3 poor people you know. For everybody else below the median, wages have increased the most in 35 years. Inflation was high for a while, but it's back to a normal level (0% was never "normal," but a lot of morons sure think it is).
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Game Day Hero [4422]
TigerPulse: 100%
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Re: American households spent $709 more this July than..
Aug 14, 2023, 5:24 AM
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Just keep telling yourself that everybody is fine. What about the retired folks on a fixed income? How’s that Biden economy working for them? I just think it’s really sad to see people struggle. But apparently democrats think it’s all just rosey.
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Athletic Dir [881]
TigerPulse: 57%
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Re: American households spent $709 more this July than..
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Aug 14, 2023, 7:22 AM
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This is just wishful thinking on your part. On average and in the median, people are doing better than they were 4 years ago, 8 years ago, and 12 years ago. Retirees have gotten good SS COLAs the last couple of years and those with retirement accounts have seen both good interest rates and good capital gains. Some people are always going to struggle, but I they were doing worse under your lord and savior Trump.
I can't imagine what's wrong with you. Well, yes I guess I can. Trump cult.
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Game Day Hero [4422]
TigerPulse: 100%
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Re: American households spent $709 more this July than..
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Aug 14, 2023, 7:39 AM
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You live in a dream world. People are not better off than they were 4 years ago. That’s just blind ignorance. You don’t have to be “Trump cult” as you said to know the Biden years have been a train wreck. I’m debating a brick wall so this is pointless. Good grief wake up.
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Athletic Dir [881]
TigerPulse: 57%
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Re: American households spent $709 more this July than..
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Aug 14, 2023, 7:43 AM
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Cold hard facts are a hard pill to swallow for people like you. If you keep telling yourself all these lies, how are you going to explain the 180 degree reverse in 24 hours if your cult wins in 2024? Magic, I guess. Morons.
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Game Day Hero [4422]
TigerPulse: 100%
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Re: American households spent $709 more this July than..
Aug 14, 2023, 7:45 AM
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Unbelievable. Ignorance
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Athletic Dir [881]
TigerPulse: 57%
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Re: American households spent $709 more this July than..
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Aug 14, 2023, 8:06 AM
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No hope for you, buddy. Maybe walk around out in the real world for a minute or two. Get out of that Fox News bubble.
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Game Day Hero [4422]
TigerPulse: 100%
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Re: American households spent $709 more this July than..
Aug 14, 2023, 8:07 AM
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You’re right. Biden and democrats for 4 more years!!! Gonna be great!!
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Orange Blooded [3230]
TigerPulse: 100%
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Re: American households spent $709 more this July than..
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Aug 13, 2023, 5:09 PM
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I am just glad Trump is gone. I am looking forward to voting against him, no matter who is on the ticket against him.
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All-In [10765]
TigerPulse: 98%
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Posts: 13210
Joined: 2021
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Re: American households spent $709 more this July than..
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Aug 13, 2023, 7:19 PM
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Biden / Harris are your boys, then.
Happy for you that you married into wealth.
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