"Price matching has become a key marketing tactic for retailers from Walmart to Target Corp. to Toys ‘‘R’’ Us Inc. as they try to attract shoppers amid an uneven US recovery....
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How uneven?
"US wealth gap grew during recovery; Stock holdings outpace homes" by Pauline Jelinek | Associated Press, April 24, 2013
WASHINGTON — The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of US households, a report released Tuesday said.
(Blog editor brings his legs together, sits up straight in his
seat, and calmly types that this is proof only the elite that caused the
Grand Depression benefited, there never was the recovery the ma$$ media
shit bags constantly proclaim, it's all been lies, lies, lies, lies,
lies, lies, lies about the economy, lies about the environment, lies
about wars, lies about mass shootings, lies about every single thing you
see from them. Everything. Everything. Everything)
The upper 7 percent of households owned 63 percent of
the nation’s household wealth in 2011, up from 56 percent in 2009, said
the report from the Pew Research Center, which analyzed Census Bureau
data released last month.
The main reason
for the widening wealth gap is that affluent households typically own
stocks and other financial holdings that increased in value, while the less wealthy tend to have more of their assets in their home, which has not rebounded from the plunge.
???
But I've been told again and again and again home prices have been rising, have been rising, are in good shape.
And my pension is still flat when the stock market is zooming. What's
up with that (blog editor almost in tears and can't see type no mrkw)?
Tuesday’s report is the latest to point up financial inequality that has been growing among Americans for decades, a development that helped fuel the Occupy Wall Street protests....
Which has been all but forgotten, and for good reason.
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