Americans' Net Worth Posts First Gain in Nearly 2 Years

[Buffalo Soldier]

What have average wages done?

A few thousand people making money on the market skews average income all to heck.

Link

 

[DamnYankee]

If you reduce the networth gain Americans made by the amount of national debt we have gained since then, you get a NW gain of 1.5 trillion.

Show me.

 

[DamnYankee]

What makes it retarded is the fact that you don't understand that YOU personally don't have a share of that debt you have to pay back. It's a bogus, made-up figure that has no baring on your personal financial outlook.

Perhaps you won't be paying the bill, camera boy, but since my income is considered evil by the taxers, I expect to be paying more than my "fair share".

My point is that the Federal Government has borrowed and printed money, given a portion of it to private citizens, and this has increased average personal net worth. It is not an indicator of a healthy economy and in fact is an indicator of a sick and broken system.

I'm not surprised that you are incapable of seeing that.