US household net worth rises under President Obama

US household net worth rises under President Obama

Another “fail” by the Socialist/Communist President Obama.  Check the graph above starting in 2009 when Obama took office.

From the conservative Wall Street Journal:

Americans’ wealth reached an inflation-adjusted record last year thanks to a surging stock market and rising home values, laying the groundwork for stronger economic growth.

The net worth of U.S. households and nonprofit organizations—the value of homes, stocks and other assets minus debts and other liabilities—rose 3.8% in the fourth quarter of 2013, up about $3 trillion from the prior quarter, to $80.7 trillion, according to a report by the Federal Reserve released Thursday.

Overall, Americans’ wealth rose 14% in 2013, or $9.8 trillion, from 2012.

After a while, you have to wonder what conservative/Tea Party folks will have left to complain about.  Two wars ended, Osama bin Laden dead, stock market doubled, real estate values improving, more equal rights for all…

Worst Socialist Ever!

Or – put another way – Go Obama!