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Monday, June 11, 2012

"The Federal Reserve said the median net worth of families plunged by 39 percent in just three years..."

"The Federal Reserve said the median net worth of families plunged by 39 percent in just three years...": "... from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992."
Increase gov. spending, increase  taxes, extend the recession =  Keynesian depression. 

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