Yep, lowest in 30+ years.
Yep, especially among minorities and lower income demographics where the statistic is even more promising since those people are building equity now. A very good thing!
Amazing, is more the word. Which wouldn't be possible if people were really in the dire straits some claim.
But I don't think these people read financial-business publications, or they would be putting their money to work and getting the same financial rewards they think is so shameful for others to receive. They're too busy reading content of the likes of "MoveOn" that relishes in keeping people down (or making them believe that's all they can be and it's someone elses fault). Well, they can "waller" allong with the rest of the "woe-as-me" crowd as long as they want to as far as I'm concerned. OR, they can take the energies to know what opportunities are out there for them and really "move on" and get somewhere. Take advantage of profitable industry sements and buy stock. Hint, anyone can buy stock in oil companies too, you know! Take advantage of low interest rates and buy a house or other real estate and watch the equity grow, etc. etc.
Not to mention adding in the unusual number of natural disasters, each one alone would have destroyed some other economies. Oh wait, Bush caused those as well, I hear, even though these types of weather events have occurred in decades past (before Bush was born) as well.
And these people want to be taken seriously?