Americans are 40% poorer than before the recession - MarketWatch - http://www.marketwatch.com/story...
Dec 15, 2014
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"The Great Recession is officially over, but Americans are still 40% poorer today than they were in 2007, the year before the global financial crisis. The net worth of American families — the difference between the values of their assets, including homes and investments, and liabilities — fell to $81,400 in 2013, down slightly from $82,300 in 2010, but a long way off the $135,700 in 2007, according to a new report released on Friday by the nonprofit think-tank Pew Research Center in Washington, D.C. “The Great Recession, fueled by the crises in the housing and financial markets, was universally hard on the net worth of American families,” the report found."
- Todd Hoff
I wonder how that compares to other nations. Not that I doubt the figure at all but many other countries have economies in worse shape than ours post-crash and some of them have imposed austerity measures.
- Spidra Webster