CNS News reported today that the real median earnings of men and women have decreased 3.2 percent since President Obama took office in January 2009.The data was released today by the Bureau of Labor Statistics.

The article reports:

When Obama took office in the first quarter of 2009, median weekly earnings for full-time wage and salary workers was $344. At that time, the median weekly earnings for men were $384 and the median weekly earnings for women were $304.

Thus, overall real median weekly earnings dropped by $11 between the first quarter of 2009 and the third quarter of 2013 (from $344 to $333). That is a real decline of 3.2 percent.

Men’s real median weekly earnings have dropped $16 dollars since Obama took office (from $384 to $368). That is a real drop of 4.2 percent.

Women’s real median weekly earnings have dropped $2 since Obama took office (declining from $304 to $302). That is a real drop of 0.66 percent.

We really cannot afford too much more hope and change.

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