Elizabeth Warren

to the Supreme Court. Thanks for posting this.

I well remember the days when a family could survive on the income of one working parent. It wasn't that the income was so high but housing was not so extremely expensive compared to the income.

I remember when my parents bought a home in 1952 for I think about $5,000. That might have been about what my father earned in two years. The median income that year was about $3,900.

http://www2.census.gov/prod2/popscan/p60-015.pdf

Ir rose to $4,200 in 1954.

http://www2.census.gov/prod2/popscan/p60-018.pdf

Between 2010 and 2012, median income in the US fell by 1.3% from $51,144 to $50,502.

http://www.census.gov/prod/2012pubs/acsbr11-02.pdf

The ugly truth:

Although median annual household income rose to $52,100 in June (2013), from its recent inflation-adjusted trough of $50,700 in August 2011, it remained $2,400 lower — a 4.4 percent decline — than in June 2009, when the recession ended. This drop, combined with the 1.8 percent decline that occurred during the recession, leaves median household income 6.1 percent — or $3,400 — below its level in December 2007, when the economic slump began.

http://www.nytimes.com/2013/08/22/us/politics/us-median-income-rises-but-is-still-6-below-its-2007-peak.html?_r=0

The house we bought for $5,000 is now estimated by Zillow to be worth $80,000. $5,000 was a lot to pay for that house but houses were hard to find. Not much had been built during the war and then the GIs came home, started families and needed someplace to raise their children.

There was lots of work in construction but the builders could not satisfy the demand. I remember looking at houses that were "unfinished." The buyer was supposed to finish the house himself. That's how great the demand was -- they could sell "finish it yourself" houses.

I assure you the neighborhood is not as nice as it was when we bought there. The local school is a nightmare. It was wonderful and part of it was new when we attended it. So, $80,000 is a lot for that house in that school district.

We need to get a fairer playing field in our economy. I think Elizabeth Warren is the only potential candidate who can bring that about.

Bernie Sanders has a lot of good ideas too, and I would like to see him run and would support him. We need big changes.