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Americans see biggest monthly income drop in 20 years
CNN Money ^
| March 1 2013
| CNN Money
Posted on 03/01/2013 7:29:35 PM PST by NoLibZone
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And if we send more to DC all will be well.
Also- Like Bengahis or the release of the 5,000 criminals by the DHS- this is RUSH's fault!
With the exception of the killing of Bin Laden - Obama has nothing to do with anythang that happens in DC .
1
posted on
03/01/2013 7:29:46 PM PST
by
NoLibZone
To: NoLibZone
And if we send more to DC all will be well.
Also- Like Benghazi or the release of the 5,000 criminals by the DHS- this is RUSH’s fault!
With the exception of the killing of Bin Laden - Obama has nothing to do with anything that happens in DC .
2
posted on
03/01/2013 7:30:28 PM PST
by
NoLibZone
(We have the nation we deserve. I predict FR will hate GOP Candidate for 2016 , because of his shoes.)
To: NoLibZone
And Wall Street is hitting their max. What does that tell you?
3
posted on
03/01/2013 7:33:16 PM PST
by
stormer
To: NoLibZone
Never fear. The MSM will spin this as a sign of economic recovery.
4
posted on
03/01/2013 7:33:25 PM PST
by
rbg81
To: NoLibZone
Lyrics of the old song “Wheel of Fortune”, “spinning, spinning, spinning” go through my head as I read on in this article.
IIRC 1993 was another Democrat President with a Democrat Congress.
5
posted on
03/01/2013 7:33:25 PM PST
by
rockinqsranch
(Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
To: NoLibZone
I can vouch for the income loss. January was my worse month ever. With the increases in the government revenue (TAXES) both California and Federal, I'm losing my ass. I work harder and bring home less. Maybe I should just quit working and do like millions are doing, live off the working slobs income. Get welfare, food stamps and the best part, get an Obama phone. How can I go wrong?????
6
posted on
03/01/2013 7:41:47 PM PST
by
Nitehawk0325
(All praise King Obama and bend over backwards for him.)
To: NoLibZone
It's Bush's fault.. wot? Sequestration? Oh! that's right five years of blaming Bush.. we need a new excuse!
It's sequestration's fault!
(That's a very real reason for sequestration and it is starting to be talked about on talk radio.)
7
posted on
03/01/2013 7:43:18 PM PST
by
WilliamofCarmichael
(If modern America's Man on Horseback is out there, Get on the damn horse already!)
To: NoLibZone
If this is recovery, I sure as hell would hate to see Obama’s idea of recession!
8
posted on
03/01/2013 7:45:27 PM PST
by
DemforBush
(When life gives you lemons, hoard them and make a killing in citrus futures!)
To: WilliamofCarmichael
9
posted on
03/01/2013 7:45:52 PM PST
by
NoLibZone
(We have the nation we deserve. I predict FR will hate GOP Candidate for 2016 , because of his shoes.)
To: stormer
There’s a lot of money out there. I’ve said for a while now that the market is nothing but a money tank. It’s all governed by whim. You know, money is and always has been, and in fact must be by nature, subjective, but now it’s becoming hallucinatory.
10
posted on
03/01/2013 7:48:58 PM PST
by
dr_lew
To: NoLibZone
To: NoLibZone
Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. - More bad news. We are in dire need of a new CEO. Obozo needs to be canned!
To: NoLibZone
Am I misunderstanding or is CNN playing to the “only read the headline crowd”.
This is probably mostly due to the payroll tax coming back and Dec stocks paying out...
???
13
posted on
03/01/2013 8:06:46 PM PST
by
Winstons Julia
(Hello OWS? We don't need a revolution like China's; China needs a revolution like OURS.)
To: NoLibZone
The payroll tax cut's expiration also played a role in January's drop, because most workers have to pay 2 percentage points more in taxes this year. How dishonest can you get. Monthly income did not change as a result of the resumption of the 2% payroll tax. Takehome pay may have been affected, but the monthly income remained the same.
14
posted on
03/01/2013 8:09:55 PM PST
by
Go Gordon
(Barack McGreevey Obama)
To: NoLibZone
Excluding those special factors, the Commerce Department estimates that after-tax income actually increased 0.3% in January. Translation: No, really, we aren't peeing on you, that's just a warm summer rain!
15
posted on
03/01/2013 8:14:25 PM PST
by
null and void
(Gun confiscation enables tyranny. Don't enable tyranny.)
To: Go Gordon
You are exactly right. I actually went back thru all our pay stubs ( I keep them) to what our check was before the 2%
cut and then when the 2% resumed this year guess what the pay check amount is exactly the same.
16
posted on
03/01/2013 8:17:39 PM PST
by
funfan
To: Go Gordon
You are exactly right. I actually went back thru all our pay stubs ( I keep them) to what our check was before the 2%
cut and then when the 2% resumed this year guess what the pay check amount is exactly the same.
17
posted on
03/01/2013 8:17:53 PM PST
by
funfan
To: NoLibZone
We need huge spending cuts, but we won’t see those before a bond collapse. Recirculating debt is not any kind of real economic boost. Manufacturing, for example, would be. And that won’t happen without many regulators (including local levels) being laid off.
18
posted on
03/01/2013 8:18:45 PM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
To: dr_lew
” Ive said for a while now that the market is nothing but a money tank.”
_____________________________________
As I have posted before, the market is little more then a group of fat cats with a pile of cash, and sophisticated computer programs, AKA the George Soros types of the world.
They laugh as they do the pump and dump.
It is no longer your father’s stock market.
19
posted on
03/01/2013 8:19:22 PM PST
by
AlexW
To: NoLibZone
Bloomberg says there’s no problem - we can just keep borrowing more...
20
posted on
03/01/2013 8:30:08 PM PST
by
GOPJ
(To be free is to own one's risk - Jonathan Levy)
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