On Sat, 28 Dec 2013 16:04:36 -0800 (PST), "
wrote:

On Saturday, December 28, 2013 2:44:59 PM UTC-5, Ignoramus30024 wrote:
On 2013-12-28, wrote:

On Saturday, December 28, 2013 10:56:57 AM UTC-5, Lee Westwood wrote:



I see that you are ashamed of your post and want it removed in six

days. Well I would be ashamed of posting off topic stuff in

Rec.Crafts.Metalworking. and never posting anything on topic.



And then you post lies because the housing market is up and the

stock market is up, and yet you say personal wealth is down 40 % in

the last five years. Since my personal wealth is up over the last

five years , I can not take you seriously.



Dan, it is not quite so simple.





Same applies to a nation. Our total wealth, defined as ability to

produce goods and services, changes comparatively little since 2009.

But the markets have been on a wild ride.


i

I am not saying that the country is doing well, but the original post said personal wealth is down 40 percent over the last 5 years. Not sure how the OP is figuring personal wealth, but I agree with you .It has not changed much. Certainly not down 40 percent .

Dan

Dan

Maybe not in your home..or your neighborhood...but Id have to say its
had a very big drop on average across the US


--
"Owning a sailboat is like marrying a nymphomaniac. You don’t want to do that
but it is great if your best friend does. That way you get all the benefits without any of the upkeep"

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