{"id":8130,"date":"2012-06-11T16:47:32","date_gmt":"2012-06-11T22:47:32","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=8130"},"modified":"2012-06-12T12:14:12","modified_gmt":"2012-06-12T18:14:12","slug":"recession-set-families-back-decades-fed-survey-shows","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/06\/11\/recession-set-families-back-decades-fed-survey-shows\/","title":{"rendered":"Recession Set Families Back Decades, Fed Survey Shows"},"content":{"rendered":"<div id=\"attachment_8131\"  class=\"wp-caption module image right\" style=\"max-width: 300px;\"><a class=\"fancybox\" title=\"Click on the image above to see a larger version of the graph.\" href=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/06\/6-11-Planet-Money-graph.jpg\" rel=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-8131\" title=\"6-11 Planet Money graph\" src=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/06\/6-11-Planet-Money-graph-300x233.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/06\/6-11-Planet-Money-graph-300x233.jpg 300w, https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/06\/6-11-Planet-Money-graph.jpg 467w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p class=\"wp-media-credit\">Lam Thuy Vo \/ Planet Money<\/p><p class=\"wp-caption-text\">Click on the image above to see a larger version of the graph.<\/p><\/div>\n<p>The Federal Reserve dropped a sobering statistic on the American public today: 40 percent.\u00a0 That&#8217;s the proportion of median net worth families lost from 2007 to 2010.\u00a0 <em>The Wall Street Journal<\/em> <a href=\"http:\/\/blogs.wsj.com\/economics\/2012\/06\/11\/old-data-on-plunge-in-net-worth-still-pack-a-wallop\/?KEYWORDS=Survey+of+Consumer+Finance\" target=\"_blank\">pulls no punches<\/a> in describing the number&#8217;s significance:<\/p>\n<blockquote><p>&#8220;The data released Monday are the real, step-back deal. In 2010, the median net worth of families stood at $77,300, down from $126,400 in 2007. A lot of that big drop is because of the sharp decline in home values across much of the nation.&#8221; &#8212; The Wall Street Journal<\/p><\/blockquote>\n<p>We&#8217;ve detailed the decline in Idaho&#8217;s median family <em>income<\/em> and compared it to the national numbers <a title=\"As Family Income Drops, Idahoans Fare Better Than\u00a0Most\" href=\"http:\/\/stateimpact.npr.org\/idaho\/2012\/06\/11\/as-family-income-drops-idahoans-fare-better-than-most\/\" target=\"_blank\">in an earlier post<\/a>.<\/p>\n<p><em>Planet Money<\/em> headlines their piece on the Fed data &#8220;A Lost Decade for American Families.&#8221; For their short and sweet visualization of the drop in net worth, <a href=\"http:\/\/www.npr.org\/blogs\/money\/2012\/06\/11\/154782513\/a-lost-decade-for-american-families\" target=\"_blank\">click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve dropped a sobering statistic on the American public today: 40 percent.\u00a0 That&#8217;s the proportion of median net worth families lost from 2007 to 2010.\u00a0 The Wall Street Journal pulls no punches in describing the number&#8217;s significance: &#8220;The data released Monday are the real, step-back deal. In 2010, the median net worth of [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":8131,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[40,46],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/8130"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/comments?post=8130"}],"version-history":[{"count":1,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/8130\/revisions"}],"predecessor-version":[{"id":8142,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/8130\/revisions\/8142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media\/8131"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media?parent=8130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/categories?post=8130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/tags?post=8130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}