From a report at the link below:
President Obama's inability to fix unemployment and the sour housing market have cut the value of assets held by adult Americans by 22 percent since 2007, according to Pew Research.
The lowering of household assets and the increase in debt comes when Americans are paying more in payroll taxes and at the gas pump, an unhealthy mix that is sapping support for Obama.
The report further says:
In a new analysis of American household fiscal healthiness, Pew also found that those 35 and older have a higher and out-of-whack debt-to-income ratio of 1.22, the highest in three decades.