New evidence suggests there’s a reason why this economic “recovery” hasn’t felt much like a recovery. Figures from the Census Bureau’s Current Population Survey, compiled by Sentier Research, show that the “recovery” has actually been harder on most Americans than the recession from which they’ve allegedly been recovering.
According to Sentier’s report, the median American household income has actually fallen during the “recovery.” Not only that, but it has fallen even more than it did during the recession. Gordon Green, former chief of the Governments Division at the U.S. Census Bureau and co-author of the report (with fellow Census veteran John Coder), says, “Real income fell by 3.2 percent during [the recession]. And during the recovery it went down by 6.7 percent.” So “income [has] declined twice as much in the recovery as in the recession itself.”
Continued at: www.weeklystandard.com
Thoughtsjustoffcenter: So this administration claims that the nation is in a recovery and that jobs have increased for every month of the recovery, hum. Then why are there 2-million less jobs available than when the "O" took office in January 2009? If the employment rate has dropped, at all, then it is due to statistical manipulation. Yet, most can't see it because they couldn't understand High School math or received "D's and F's" in the subject. They also don't remember how to read a graph, if they were taught/paid attention at all. Last I checked (last month) the true figure was over 16 percent.
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