The Fed Isn't Helping Americans

The Fed Fights for the Elite, Not Ordinary Americans

Written by Adam English
Posted September 10, 2013

Outside the Numbers

  • 144% – Growth of corporate profits since the bottom of the recession in September 2008.
  • 4.27% - Real wage growth since September 2008, adjusted by chained CPI and average hours worked.
  • 51% - Growth of corporate profits since December 2008.
  • -1.25% - Real hourly wage growth since December 2008, adjusted by chained CPI and average hours worked.
  • 7.3% - The official BLS unemployment rate.
  • 17.3% – Unemployed plus marginally attached workers and those employed part-time for economic reasons.
  • 23% - Unemployed, marginally attached workers, employed part-time for economic reasons and discouraged workers.
  • 25% - Deficit between the 169,000 average jobs added per month over the last 3 years in the U.S. and the 225,000 jobs needed to maintain a steady number of working Americans.
  • 76% Percentage of Americans living paycheck to paycheck.
  • 46% – Percentage of Americans with less than $800 saved.
  • 22% - Percentage of Americans with nothing saved at all.


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