Household Worth in US Rises by $1.17 Trillion - Thanks Obama!
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Net worth for households and non-profit groups increased by $1.17 trillion from October through December, or 1.8 percent from the previous three months, to $66.1 trillion, the Federal Reserve said today from Washington in its flow of funds report. It was the highest since the fourth quarter of 2007.
Americans are saving, not spending. They realize they are doomed, and doing everything possible to prepare for the carnage this lunatic will unleash. With such a loony dictator in office, one can understand WHY Americans are socking away more money into savings... They are afraid. They are afraid of what this POTUS is capable of. Sure, the republicans are doing a great service by hampering Obama's every effort to dismantle our economy. Picture this... What happens if Obama fires up the FEMA camps and begins a great purge of his top rivals? This scenario plays out in my mind every day, which is why I do my part by saving instead of stimulating the economy.
Really though, you're right... Despite Obama's blunderbuss attempts to destroy the nation, republicans have been doing a great job of preventing the total destruction of our nation. Evidence such as the data provided by the OP just goes to show how great of a job conservative republicans are doing in their effort to preserve the republic. Thanks Obama for giving the republicans an opportunity to save our great nation.
Americans are saving, not spending. They realize they are doomed, and doing everything possible to prepare for the carnage this lunatic will unleash. With such a loony dictator in office, one can understand WHY Americans are socking away more money into savings... They are afraid. They are afraid of what this POTUS is capable of. Sure, the republicans are doing a great service by hampering Obama's every effort to dismantle our economy. Picture this... What happens if Obama fires up the FEMA camps and begins a great purge of his top rivals? This scenario plays out in my mind every day, which is why I do my part by saving instead of stimulating the economy.
Really though, you're right... Despite Obama's blunderbuss attempts to destroy the nation, republicans have been doing a great job of preventing the total destruction of our nation. Evidence such as the data provided by the OP just goes to show how great of a job conservative republicans are doing in their effort to preserve the republic. Thanks Obama for giving the republicans an opportunity to save our great nation.
I almost couldn't tell you were joking until I realized you were using correct grammar and spelling.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.