|
More Americans Worse Off Financially Than a Year Ago
The voyage to the bottom of the toilet just never gets old for us
americans, does it? How low will we go? "The share of Americans saying they are financially worse off compared with a year ago is, by historical standards, high -- eight percentage points above the average. The record high of 55% occurred in May and September 2008, the year (and, in the latter case, the month) of the global financial meltdown orchestrated by GW Bush and Alan Greenspan" ======================== January 15, 2014 More Americans Worse Off Financially Than a Year Ago http://www.gallup.com/poll/166850/am...-year-ago.aspx More Americans Worse Off Financially Than a Year Ago Yet most expect to be better off within a year, as if living in a fairy tale. WASHINGTON, D.C. - More Americans, 42%, say they are financially worse off now than they were a year ago, reversing the lower levels found over the past two years. Just more than a third of Americans say their financial situation has improved from a year ago. These results come from Gallup's annual "Mood of the Nation" poll, conducted Jan. 5-8. Gallup has found that Americans' economic confidence, self-reported consumer spending, and perceptions of job creation improved in 2013. Despite Americans' more positive views of the overall U.S. economy in 2013, nearly two-thirds believe their personal financial situation deteriorated or was stable over the past year. Though down from mid-2013, the percentage of Americans saying they are financially better off than a year ago is nearly in line with the historical average (38%), spanning 1976-2014. On the other hand, the share of Americans saying they are financially worse off compared with a year ago is, by historical standards, high -- eight percentage points above the average. The record high of 55% occurred in May and September 2008, the year (and, in the latter case, the month) of the global financial meltdown. Most Americans Have High Economic Hopes for Year Ahead, because they're ****ing idiots with no intelligence, memory, or ability to reason While many Americans say the past year was a financial dud, a majority (55%) predict that at this time next year they will be financially better off. Child-like optimism about the future may still be the predominant feeling, but the overall positivity of the nation's personal financial predictions appears to be easing, compared with the average during the past decade. Bottom Line Despite a sustained, if sluggish, economic recovery that has lasted nearly five years, most Americans report being no better off financially than they were a year ago. Indeed, the share of Americans saying last year put them in a worse financial position is on the higher end of the 1976-2014 trend. Although this would seem to suggest that many Americans begin this year in a state of financial unease, a majority instead believe the next year will be financially uplifting. As previous years show, Americans are typically more positive about their future compared with their assessments of the past, a testament to the enduring sense of optimism many Americans share about their financial future. |
More Americans Worse Off Financially Than a Year Ago
On 1/15/2014 7:11 PM, Gallup wrote:
The voyage to the bottom of the toilet just never gets old for us americans, does it? How low will we go? WASHINGTON, D.C. - More Americans, 42%, say they are financially worse off now than they were a year ago, reversing the lower levels found over the past two years. Just more than a third of Americans say their financial situation has improved from a year ago. Bottom Line Despite a sustained, if sluggish, economic recovery that has lasted nearly five years, most Americans report being no better off financially than they were a year ago. Indeed, the share of Americans saying last When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. -- .. Christopher A. Young Learn about Jesus www.lds.org .. |
More Americans Worse Off Financially Than a Year Ago
"Stormin Mormon" wrote in message ... On 1/15/2014 7:11 PM, Gallup wrote: The voyage to the bottom of the toilet just never gets old for us americans, does it? How low will we go? WASHINGTON, D.C. - More Americans, 42%, say they are financially worse off now than they were a year ago, reversing the lower levels found over Due to cutbacks, an across the board cut of 10%,no raises, loss of matching 401k funds, insurance, the people where I worked are worse off than they were over 10 years ago, maybe almost 15 years ago. I retired 2 years ago and with the pension funds I managed to salvage, I am beter off retired than working. --- This email is free from viruses and malware because avast! Antivirus protection is active. http://www.avast.com |
More Americans Worse Off Financially Than a Year Ago
On 01/15/2014 04:31 PM, Stormin Mormon wrote:
When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." -- Cheers, Bev ============================================= If you are going to try cross-country skiing, start with a small country. |
More Americans Worse Off Financially Than a Year Ago
The Real Bev wrote:
On 01/15/2014 04:31 PM, Stormin Mormon wrote: When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." Hi, Isn't that what happens when a country or household live beyond their means? Some thing has to give..... but what can you do? Money does not grow on the trees, print more money? I guess not. |
More Americans Worse Off Financially Than a Year Ago
On 1/16/2014 7:44 PM, Tony Hwang wrote:
The Real Bev wrote: On 01/15/2014 04:31 PM, Stormin Mormon wrote: When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." Hi, Isn't that what happens when a country or household live beyond their means? Some thing has to give..... but what can you do? Money does not grow on the trees, print more money? I guess not. US government has been printing $85 billion per month although they are cutting down to $75 billion with "recovery". Said not to cause inflation but you ought to see how they calculate it: petroleum products and food as commodities are excluded and other things only a warped economist would love. |
More Americans Worse Off Financially Than a Year Ago
Frank wrote:
On 1/16/2014 7:44 PM, Tony Hwang wrote: The Real Bev wrote: On 01/15/2014 04:31 PM, Stormin Mormon wrote: When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." Hi, Isn't that what happens when a country or household live beyond their means? Some thing has to give..... but what can you do? Money does not grow on the trees, print more money? I guess not. US government has been printing $85 billion per month although they are cutting down to $75 billion with "recovery". Said not to cause inflation but you ought to see how they calculate it: petroleum products and food as commodities are excluded and other things only a warped economist would love. Hmm, Inflation? May be price stays same but noticed deep con caved bottom of fruit jam jars, mandrels on toilet paper diameter getting bigger, etc., etc. Economic woes U.S. is facing now started way back in the days of Nixon, and Greenspan. Greenspan is not a trained economist, he is a mathematician. Read his biography? |
More Americans Worse Off Financially Than a Year Ago
On Thu, 16 Jan 2014 18:28:17 -0700, Tony Hwang
wrote: Economic woes U.S. is facing now started way back in the days of Nixon, and Greenspan. Why are Americans still taxed for the post Civil War debit? Our "woes" started long before Nixon, et al. |
More Americans Worse Off Financially Than a Year Ago
On Wed, 15 Jan 2014 19:11:49 -0500, Gallup wrote:
The voyage to the bottom of the toilet just never gets old for us americans, does it? Ignore Home Guy. He is from Quebec, a French Canuck. Pretends to worry about things that do not matter, presently across the border. I bet Canada will be forced into speaking French. Aside, take the "Beiber" back before he throws eggs at American homes. Leave us with Shania Twain. |
More Americans Worse Off Financially Than a Year Ago
Oren wrote:
The voyage to the bottom of the toilet just never gets old for us americans, does it? Ignore Home Guy. He is from Quebec, a French Canuck. Um - no. Not from Q-bec. Pretends to worry about things that do not matter, presently across the border. I bet Canada will be forced into speaking French. While the US will be a primarily spanish-speaking country in about 20 years, rest assured that Canada will never become predominantly french-speaking. Aside, take the "Beiber" back before he throws eggs at American homes. Leave us with Shania Twain. What about Avril Lavigne? Pamela Anderson? Donald Sutherland? Michael J Fox? Dan Aykroyd? Mike Meyers? Martin Short? Jim Carrey? William Shatner? |
More Americans Worse Off Financially Than a Year Ago
On Thu, 16 Jan 2014 21:33:39 -0500, House Man wrote:
Oren wrote: The voyage to the bottom of the toilet just never gets old for us americans, does it? Ignore Home Guy. He is from Quebec, a French Canuck. Um - no. Not from Q-bec. Home Guy, funny you picked "House Man" as a nym shift. House Man: in a male prison is a cell block orderly job. I'd have you return to your cell, take off the leopard un dies and dress according to the proper dress code. Instruct you then to mop the floors, clean the areas of responsibility. If you messed with me I would have you making big rocks into little rocks on a gun squad. Don't press your luck with me, House Man! Pretends to worry about things that do not matter, presently across the border. I bet Canada will be forced into speaking French. While the US will be a primarily spanish-speaking country in about 20 years, rest assured that Canada will never become predominantly french-speaking. Aside, take the "Beiber" back before he throws eggs at American homes. Leave us with Shania Twain. What about Avril Lavigne? Pamela Anderson? Donald Sutherland? Michael J Fox? Dan Aykroyd? Mike Meyers? Martin Short? Jim Carrey? William Shatner? Take them ALL back! Right now. America would be better off. You farkin canuck |
More Americans Worse Off Financially Than a Year Ago
On 1/15/14 6:52 PM, Ralph Mowery wrote:
Due to cutbacks, an across the board cut of 10%,no raises, loss of matching 401k funds, insurance, the people where I worked are worse off than they were over 10 years ago, maybe almost 15 years ago. I retired 2 years ago and with the pension funds I managed to salvage, I am beter off retired than working. Inflation calculator here http://tinyurl.com/5h38zj at the Dollar Times. Someone making $5.00 per hour in 1976 would have had to make $20.68 per hour in 2013 to stay even. Tax not included. |
More Americans Worse Off Financially Than a Year Ago
On 1/16/2014 9:09 PM, Dean Hoffman wrote:
On 1/15/14 6:52 PM, Ralph Mowery wrote: Due to cutbacks, an across the board cut of 10%,no raises, loss of matching 401k funds, insurance, the people where I worked are worse off than they were over 10 years ago, maybe almost 15 years ago. I retired 2 years ago and with the pension funds I managed to salvage, I am beter off retired than working. Inflation calculator here http://tinyurl.com/5h38zj at the Dollar Times. Someone making $5.00 per hour in 1976 would have had to make $20.68 per hour in 2013 to stay even. Tax not included. I wish they would use the CPI of say, 1970. I wonder what the past 30 years would look like. Whatever calculation they use, I still do not believe it represents the modern buying power(or lack thereof) of the U.S. dollar. Though, not knowing what comprises the CPI might change my mind, but being able to fully fund a trip to a movie, for four people, for under $20 contrasted with that being the price for just myself, today, makes me scratch my head. Hell, back then I was able to purchase more per person. Now, I get a ticket, a small tub of popcorn, a med drink, a package of Red Vines, and some Milk Duds. I used to get tickets, a large popcorn, a large drink, Red Vines, Milk Duds, Hot Tamales and about the same for three other people. The before prices were Cali, the current is Arky. I have no idea what Cali is like, now. A trip to the grocery store and the pump... |
More Americans Worse Off Financially Than a Year Ago
On 1/17/14 1:11 AM, SteveF wrote:
I wish they would use the CPI of say, 1970. I wonder what the past 30 years would look like. Whatever calculation they use, I still do not believe it represents the modern buying power(or lack thereof) of the U.S. dollar. Though, not knowing what comprises the CPI might change my mind, but being able to fully fund a trip to a movie, for four people, for under $20 contrasted with that being the price for just myself, today, makes me scratch my head. Hell, back then I was able to purchase more per person. Now, I get a ticket, a small tub of popcorn, a med drink, a package of Red Vines, and some Milk Duds. I used to get tickets, a large popcorn, a large drink, Red Vines, Milk Duds, Hot Tamales and about the same for three other people. The before prices were Cali, the current is Arky. I have no idea what Cali is like, now. A trip to the grocery store and the pump... A bit here from the U.S. Department of Agricultu http://tinyurl.com/mpzq8tc Americans spend about 10% of our income on food if memory serves. Inflation adjusted gas prices from inflationdata.com http://tinyurl.com/emy76 |
More Americans Worse Off Financially Than a Year Ago
"Dean Hoffman" " wrote in message news:lbct7s$b08$ A bit here from the U.S. Department of Agricultu http://tinyurl.com/mpzq8tc Americans spend about 10% of our income on food if memory serves. It all depends on how much you make. People making large ammounts of money have a lower percentage than the average and poor people. Also is that just food, or all things bought in the grocery store such as wiping paper and other products that are not eaten. Does eating out count in that also ? A meal at a mid scale place could cost a big percentage of the weks budget. --- This email is free from viruses and malware because avast! Antivirus protection is active. http://www.avast.com |
More Americans Worse Off Financially Than a Year Ago
On Thu, 16 Jan 2014 17:44:32 -0700, Tony Hwang
wrote: The Real Bev wrote: On 01/15/2014 04:31 PM, Stormin Mormon wrote: When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." Hi, Isn't that what happens when a country or household live beyond their means? Some thing has to give..... but what can you do? Money does not grow on the trees, print more money? I guess not. But that's *exactly* what your messiah is doing. |
More Americans Worse Off Financially Than a Year Ago
|
More Americans Worse Off Financially Than a Year Ago
On Sat, 18 Jan 2014 11:01:11 -0800, "Malcom \"Mal\" Reynolds"
wrote: In article , wrote: On Thu, 16 Jan 2014 17:44:32 -0700, Tony Hwang wrote: The Real Bev wrote: On 01/15/2014 04:31 PM, Stormin Mormon wrote: When each year gets worse, who in his right mind calls that a "sustained recovery"? Oh, wait, politicians do. Nevermind. "Recovery" = "It could have been worse." Hi, Isn't that what happens when a country or household live beyond their means? Some thing has to give..... but what can you do? Money does not grow on the trees, print more money? I guess not. But that's *exactly* what your messiah is doing. but what are your messiahs doing? Unlike you pathological lying lefties, I don't get leg tingles from any politician, Malformed. we haven't heard from Palin and Bachmann lately Of course you're an illiterate liar but that's not news to anyone on this group. |
More Americans Worse Off Financially Than a Year Ago
On 1/17/14 9:57 PM, Ralph Mowery wrote:
"Dean Hoffman" " wrote in message news:lbct7s$b08$ A bit here from the U.S. Department of Agricultu http://tinyurl.com/mpzq8tc Americans spend about 10% of our income on food if memory serves. It all depends on how much you make. People making large ammounts of money have a lower percentage than the average and poor people. Also is that just food, or all things bought in the grocery store such as wiping paper and other products that are not eaten. Does eating out count in that also ? A meal at a mid scale place could cost a big percentage of the weks budget. Clicking on the first link on this page will answer some of your questions. http://tinyurl.com/kjj8tfu will take you to a Bing search page. The Economic Research Service of the United States Department of Agriculture tracks that kind of thing. There's also a bunch of other stuff. Somewhere there is a table listing the farm to consumer price spreads. A farmer might get a nickel out of the price of a loaf of bread for example. |
More Americans Worse Off Financially Than a Year Ago
Dean Hoffman wrote:
On 1/17/14 9:57 PM, Ralph Mowery wrote: "Dean Hoffman" " wrote in message news:lbct7s$b08$ A bit here from the U.S. Department of Agricultu http://tinyurl.com/mpzq8tc Americans spend about 10% of our income on food if memory serves. It all depends on how much you make. People making large ammounts of money have a lower percentage than the average and poor people. Also is that just food, or all things bought in the grocery store such as wiping paper and other products that are not eaten. Does eating out count in that also ? A meal at a mid scale place could cost a big percentage of the weks budget. Clicking on the first link on this page will answer some of your questions. http://tinyurl.com/kjj8tfu will take you to a Bing search page. The Economic Research Service of the United States Department of Agriculture tracks that kind of thing. There's also a bunch of other stuff. Somewhere there is a table listing the farm to consumer price spreads. A farmer might get a nickel out of the price of a loaf of bread for example. Hi, Engel index still stands. What producer(farmer) gets vs. consumer pays, how many layers are there in between? That is part of free economy. |
| All times are GMT +1. The time now is 03:22 PM. |
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 DIYbanter