“U.S. household wealth fell by a record $3.8 trillion, or 3.5 percent, at the end of 2018”
“In percentage terms, it was the worst quarterly blow to U.S. household finances since late 2008, when the U.S. was in the midst of a deep global recession and household net worth fell roughly 5.9 percent in one three-month span.”
“But in terms of the wealth lost on a dollar basis, at least on paper, it exceeded the $3.6 trillion decline in the fourth quarter of 2008 for the biggest loss on record.”
Hey 'murica, you awake yet? How’s that GOP tax plan treat’n 'ya?
Funny thing, in my neighborhood folks aren’t calling contractors like they used to because of lower or nonexistent tax returns this year and guess what? Those contractors are the trump base here. That’s gotta hurt.