RIP Middle Class: Americans' Wealth Plummeted 40% from 2007 to 2010

[kpete]

http://www.washingtonpost.com/business/economy/fed-americans-wealth-dropped-40-percent/2012/06/11/gJQAlIsCVV_story.html

[russspeakeasy]

1. What a smarmy bastard.

I've been through a lot of presidents in my many years...He was, without a doubt, the worst.

[TheWraith]

2. I would bet probably 90% of that change is house value. nt

[cthulu2016]

3. Household wealth, yes. The chart in the OP, however

appears to be income rather than household net worth. (As opposed to the headline)

[robinlynne]

6. I don't think so. 401ks, savings, price of food... Mnay of us do not own hosues and feel the exact s

same squeeze. (or worse because now rents are soaring higher.)

[spanone]

4. junior the fucking clown

[IMG][/IMG]

[IMG][/IMG]

[rhett o rick]

5. How much more can the middle class take. nm

[Fire Walk With Me]

7. 93% of post-2008 recovery has gone to the top 1%.

Multiple links; hopefully at least one will not utterly offend:

http://www.bing.com/search?q=93%25+recovery+1%25&pc=Z128&form=ZGAFDF&install_date=20111121