You're watching...
Median Family Income on the Decline
Details
-
Description
FBN’s Stuart Varney sounds off on the president’s policies and how they are impacting the American family.
- Duration 1:33
- Date Jan 5, 2012
You're watching...
FBN’s Stuart Varney sounds off on the president’s policies and how they are impacting the American family.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Right -- yet -- it frequently.
It is what you hear you hear this -- It doesn't feel like America anymore it doesn't feel like -- recovering from recession when it doesn't doesn't.
-- something missing now look I'm not winding I am of resolving the feel isn't quite right -- it.
So here's my take on -- prosperity for us some truly all full -- us.
Median household income when the recession officially ended in June 09.
53500.
-- By June of 2000 -- eleven that was down to 499.
That two year period was America's recovery.
The Obama stimulus was in place and government spending was at record levels but we still lost ground financially all of us.
And that's not including the money -- lost and -- houses.
I think about it just just think about it.
The recovery period was no recovery at all in fact we got was soft during the recovery that we did during the recession why was that.
Because the president's policies failed.
He came into office in January 09 ram through the stimulus plan in March 2 months -- June of 09 it.
-- prosperity moved into a tailspin.
That's why the field isn't right it's because we're no longer a dynamic prosperous nation.
The president wants to spread the wealth not created he was a -- slice the pie -- not grow it.
We will not feel right until we change schools prosperity.
Is the glue that binds us together is -- -- --