According to both a new study and the head of the Federal Reserve, 90% of all US household are poorer than they were back in 1987.
Where did the money go? It didn’t just evaporate.
See following page to read more:
90 Percent Of All Americans Are Poorer Today Than In 1987
Hell yes
True
everytime the working people get a 1 percent raise in wages all the bussineses raise theire prices by 5 percent that is why
We make $1500 a week. And cant afford the 4 bed room place we need.
and everytime they print more money they raise their prices and our money we saved goes down in value
All by design
your lucky… I barely survive on 1600/mth … count your blessings … and if I was you I would be looking for somewhere else to live … if you cant live on 6000 /mth then you are living way over your head IMO … I make cut backs and barely get by but it can be done
The truth ,most people don’t get pay raises anymore ! if you made 25,000 in 1987 you now make 24,000 in 2014 in 30 years your still making the same yearly income SAD
I do. But when you make 6000 a month and have to live in a one bed room with 4 kids?
Well I have been feeling it for the last 7 years since I hurt myself seriously and got disabled…….but, yes, its a complete low for me….money is very tight each month…..with a limited income…..no job, no overtime, no extra cash……. Pinchingpennies is all I can do?