Sign in or signup

6,042 active users!!Bandwidth
TUESDAY
JUN 27, 2017
Home
NewsSITE
Events & Blogs
New Audio & Video
BroadcastersNew Stuff!
Local & Church Finder
Webcast LIVE NOW!
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -4 min
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
StoresNew Stuff!
Online Bible
Hymnal
Daily Reading
Our Services
Submit Sermon
Members Only

Breaking News Home | All | Religion | Society | Tech | Choice | Fridays | SA Newsroom
FRONT PAGE  |  6/27/2017
WEDNESDAY, OCT 12, 2011  |  5 comments
What Recovery? Household Incomes Plummeted After 2009

As bad as things were during the recession, household incomes actually declined at a faster pace in the years after it ended, one new study shows.

The median annual income for U.S. households before taxes dropped from $55,309 when the recession officially began in December 2007 to $53,518 in June 2009 ‚Äď a 3.2% decline ‚Äď according to data collected by two former Census Bureau officials in a report for Sentier Research. That decline came at a time of economic crisis when businesses nationwide laid off millions of workers and cut pay and hours for many more, but as bad as this income drop was, it‚Äôs nothing compared to what happened after the economy supposedly came out of the recession.

n the two years after the recession officially ended in June 2009, the median household income continued to plummet, dropping by more than $3,500 to $49,909. That represents a decline of 6.7% in the first two years ...


CLICK HERE to Read Entire Article
www.mainstreet.com

Response to economic crisis?
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  The Rich Fool • Pastor John MacArthur | 4/23/2010
•  Response to economic crisis?Dr. Alan Cairns | 3/9/2009

   03/14/15  |  Another One Bites the Dust • 2 comments
   03/11/15  |  God Doesn't Want Matt Chandler to be Your Pastor • 21 comments
   01/08/14  |  Christian Post: Warning, this article may offend many Christians • 93 comments
   01/01/14  |  Michelle Obama praises lesbian TV anchor • 17 comments
   12/29/13  |  U.S. Slams 'Conservative Gender Norms' • 377 comments
MORE RELATED ( ) NEWS | MORE..
   06/20/17  |  Special Report: Tune in to the Foundations Conference this Week!
   06/18/17  |  Texas Enacts ‚ÄėAnti-Sharia‚Äô Law • 8 comments
   06/15/17  |  SermonAudio Tip: Introducing the Official SermonAudio Fire TV... • 1 comments
   06/14/17  |  MEMBERS OF CONGRESS SHOT • 19 comments
   06/14/17  |  ISIS Surrounded: Trump's Plan to 'Annihilate' the Islamic... • 4 comments
OTHER CHOICE NEWS | MORE..
   06/23/17  |  Feedback Friday for 06-23-17
   06/20/17  |  Tune in to the Foundations Conference this Week!
   06/16/17  |  Feedback Friday for 06-16-17
   06/15/17  |  SermonAudio Tip: Introducing the Official SermonAudio Fire TV... • 1 comments
   06/09/17  |  Feedback Friday for 06-09-17
MORE SPECIAL | MORE..
   06/27/17  |  Jewish Elementary School Faces Closure for Not Teaching Kids... • 7 comments
   06/27/17  |  Ken Ham Says Atheist Attacks on Ark Encounter Prove Ministry is... • 5 comments
   06/27/17  |  Supreme Court Orders States to List Same-Sex Parents on Birth... • 2 comments
   06/27/17  |  Military Leaders Want to Delay Transgender Enlistment • 4 comments
   06/27/17  |  UK's Conservative Party agrees ¬£1 billion deal with the Northern... • 1 comments
OTHER RECENT NEWS | MORE..
COMMENTS | show all | add new  
    Sorting Order:  
· Page 1 ·  Found: 5 user comment(s)
News Item10/21/11 11:33 AM
Dirk Yoder  Find all comments by Dirk Yoder
Steve, it doesn't appear you have defined the dollar as it is found in "U.S. law."

The point of my comment regards more to the unexplainable system ordained by man that he himself cannot explain rather than the dollar itself.

You say Caesar and his coinage, so do mean that the head of the federal reserve is Caesar?

5

News Item10/13/11 2:35 PM
SteveR  Find all comments by SteveR
Dirk

A US dollar used to be redeemable in gold and silver, but like other world Central Banks we have moved away from the mercantile system to a Fiat credit system. Your dollars are now a medium of exchange for goods and labor based upon prevailing market prices. In the case of the US dollar, various mechanisms are used by the Fed to maintain liquidity balanced with the ability to use US Credit, economic output and taxing power to stabilize its value.

What is so difficult to understand about that? and why are your spiritualizing what Caesar does with his coinage?


Dirk Yoder wrote:
When one tries to obey the commandments of men and conform to his foolishness by merely asking questions in a professional, polite manner in order to be a good little citizen of the world, he or she is usually met with mockery as the questions posed cannot be answered. The following are interesting reads, though false teacher Gil will probably object.
Define the dollar
Can you define the dollar please?
Especially for Gil:
A Challenge for Gil Rugh
4

News Item10/13/11 1:25 PM
Neil | Tucson  Find all comments by Neil
I would not measure relative wealth in dollars anyway; rather, purchasing power is what counts - what can one *buy* with a dollar, whether based on gold, silver, or Fed operations?

Mind you, even measuring purchasing power is still subjective, since what commodity prices do you bring into the equation? And how do you define income, let alone process the statistics (median, mean, mode)?

And even with specie-based currency, purchasing power can change based on other factors, like scarcity, alluded to in 2 Ki. 6:25.

3

News Item10/13/11 11:58 AM
Dirk Yoder  Find all comments by Dirk Yoder
When one tries to obey the commandments of men and conform to his foolishness by merely asking questions in a professional, polite manner in order to be a good little citizen of the world, he or she is usually met with mockery as the questions posed cannot be answered. The following are interesting reads, though false teacher Gil will probably object.

Define the dollar

Can you define the dollar please?

Especially for Gil:

A Challenge for Gil Rugh

2

News Item10/12/11 9:14 AM
Scott McMahan | Internet  Find all comments by Scott McMahan
I guess everyone in America can't work in the financial industry or be sports stars.
1
There are a total of 5 user comments displayed | add new comment |Subscribe to these comments
Last PostTotal
Ken Ham Says Atheist Attacks on Ark Encounter Prove Ministry...
haman the agagite from esther, ot: "i guess when the place closes, he will be..."
-2 min 
‚ÄúLegislating Morality‚ÄĚ Unbiblical?
john for jesus from atl: "john uk... yes"
-11 min 73 
House votes to topple Obamacare, defund Planned Parenthood
ladybug: "here's a testimony about planned parenthood... 'anderson was hired by..."
-25 min 102 



Scott T. Brown
Many Antichrist's Have Come

1 John
Sunday Service
Hope Baptist Church
Play! | MP3 | RSS

God is Able
Bill Parker

Hourly:
The Blood
C. H. Spurgeon
Prince of Preachers
Staff Picks..

Pastor Kent K. Kirchmeyer
Eternity, Too Long To Be Wrong

First Mount Pleasant Baptist
Midweek Service
Play! | MP3

Dr. Peter Masters
Doubts About God's Providence

Metropolitan Tabernacle
Bible Study
Video!Play! | MP4

Sermon: Why Would God Create Hell?
Dr. Andy Bloom

Flushing, NY | zip
City Life Church Ridgewood, NY

We are a new church bring­ing new life to New York City. Join us this Sunday at 10:30.
www.sermonaudio.com

SPONSOR | 3,700+

SPONSOR




                   
None reverence the Lord more than they who know Him best. ... William Cowper

Gospel of John
Cities | Local | Personal


MOBILE
iPhone + iPad
Church App
Android
Church App
Kindle + Nook
Chromecast TV
Apple TV
ROKU TV
Amazon Fire TV New!
Apple Watch
Android Wear
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
SA Newsroom New!
RSS | Twitter | Facebook
SERVICES | ALL
Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcast | Video Support
Live Webcasting
Events Support
Transcription
PowerClips New!
Business Cards New!
SOLO | MINI | Domain
Favorites | QR Codes
Online Donations
24x7 Radio Stream
INTEGRATION
Embed Codes New!
Goodies
WordPress
Twitter
Facebook
Logos | e-Sword | BW
JSON API

BATCH
Transfer Agent
Protected Podcasts
Upload via Email
Upload via FTP
Upload via Dropbox
Picasa
ABOUT US
The largest and most trusted library of audio sermons from conservative churches and ministries worldwide.

Our Services | Articles of Faith
Broadcast With Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Support Us | Feedback Fridays | Stories