Information The Telegraph would never tell you!

As we approach the coming election we will continue to look at things The Telegraph and Staff which is owned by McClatchy Newspapers do not want you to know.

For them to promote the paper as middle Georgia’s newspaper and then ignore vital information about one of the most important things to the people is nothing more than scandalous, reasonable people may conclude it borders on a  scam.

Perhaps it is something like pedaling influence for future employment and a free lunch or lunches for The Telegraph employees. After all there appears to be nothing to worry about as McClatchy and The Telegraph seems to be willing to cover up for them.

Of course the people responsible for this at The Telegraph are George McCanless, the President and Publisher, Sherrie Marshall the Executive Editor, Charles E. Richardson The Editorial Page Editor and Business Editor Harold Goodridge.

These people have been carrying the water for the Obama Administration ever since he took office.

The following would have been front page news, above the fold for the last administration, now for the Obama Administration it must be ignored at all cost.

In an article by Bloomberg’s Jeff Kearns as recently as Aug. 23 we are told about an “…analysis of U.S. Census Bureau data by Sentier Research LLC.” The article is amazing.

Let us look at a few things this article points out, the first is startling, Kearns informs us that: “American incomes declined more in the three-year expansion that started in June 2009 than during the longest recession since the Great Depression…”

We find that:

“Median household income fell 4.8 percent on an inflation-adjusted basis since the recession ended….”
This was more than a “…2.6 percent drop during the 18-month contraction….”“Household income is 7.2 percent below the December 2007 level…”

We find out that the decline was across the board “…and some groups had very large declines in income.”

The article tells us that “The average duration of unemployment increased to a record 41 weeks” and “…remains at 39 weeks” and “Almost 5.2 million Americans have been out of work for at least six months.”

Then Kearns looks at the “Earnings Drop” and here we find that “median annual household income” dropped "$1,408 during the 18-month recession from December 2007 to June 2009….” We also find out that during the 36 month period from June 2009 to June 2012 income dropped another $2,544.

We find that “Incomes for all age groups below 65 years fell, while older American saw increases." Additional break down and details are found in the article.

We find that the educated fared the worst and “Those without high school degrees lost the least, falling 5.3 percent.”  

The details in the article can be seen at U.S. Incomes Fell More In Recovery, Sentier Says. 

The entire report can be seen at Household Income Trends.

We should thank Bloomberg’s Jeff Kearns for calling our attention to this information.

Have a nice day.