Only for the already rich, Daffy, keep quacking incoherently:<quoted text>we, our economy is way way better off than when he took office. so that would prove it wrong...
Wealth rebounds but mostly for the wealthy
By Rick Newman
12 hours ago
America is rich again if you add up all the money. But a familiar, unhappy tale is playing out as the nation recovers the household wealth lost from 2007 to 2012.
The total amount of household net worth hit a new record of $80.7 trillion at the end of 2013, according to the Federal Reserve. Thats certainly better than the grueling declines that occurred during the twin housing and stock-market busts. But a deeper look at the numbers shows that the kind of wealth held primarily by the affluent financial assets has soared beyond prior levels, while the most common middle-class asset home equity is still far below prior highs