UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: Rightime Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2033506  
Subject: Re: Kentucky Doing OK Date: 2/24/2014 2:24 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2

% increase in non-farm payrolls since 02/11

United States--5.0%

In all fairness to the fact that compare KY to CA, The recession in Kentucky after 2009 was not as dramatic as the recession in California and therefore the recovery in California represents the greater climb after a lower trough.



However, the boom years in California brought significantly greater prosperity to the average wage earner in California than Kentucky.

Compare Fresno CA with Louisville KY

median household income in Louisville KY in 2000 was $28,843 and today it’s $33,175

median household income in Fresno CA in 2000 was $32,236 and today it’s $40,533

it should be noted that Fresno is at the bottom of income gains in cities in California and Louisville near the top for cities in Kentucky.

Kentucky has a large portion of its population on federal disability whereas California ranks 48th in terms of precent population on federal disability. Kentucky is typical of Republican strongholds in the united states keeping wages stagnant and a large portion of the population dependent on the government for support.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Book Review: Dream Big
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.