As the deficit commission prepares us through the power of suggestion, that Social Security and Medicare will no longer pay all of our bills leaving us with the balance, our ability to spend continues to decline at an ever faster rate.
Will someone please ask; If government can’t afford it, what makes you think we as individuals can?
Let’s be clear: Median family income plummeted 8 percent in two years!!! In ten years, can we expect a decrease of 20-40 percent? Do you feel lucky?
Capital Times: A new analysis of Census Bureau Data from the Wisconsin Council on Children and Families (WCCF) shows the recession hasn't been kind.
Median family incomes in Dane County are down some 8 percent over the past two years -- dropping from an average of $62,745 in 2007 to $57,687 last year.
The unemployment rate in Dane County has climbed from 4.4 percent in 2008 to 6.2 percent in 2009.
Waukesha County, the wealthiest county in Wisconsin, hasn't been hit nearly as hard, according to the Census figures. Median household incomes there have fallen just 2.5 percent over the past two years, going from $74,539 to $72,667. The poverty rate in Waukesha County did climb, however, rising from 3.9 percent to 6.3 percent over the period.
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