STAT!
Nothing to see here, carry on, toodle-loo, private sector "doing fine"....
"The net worth of the American family has fallen to its lowest level
in two decades, according to government data released Monday, driven by a
more than 40 percent drop in their stakes in their homes.
The Federal Reserve’s detailed survey of consumer finances
showed families’ median wealth plunged from $126,400 in 2007 to $77,300
in 2010 — a 39 percent decline."