When every policy that you enact is the opposite of what you should have done:
U.S. Incomes Fell More in Recovery Than Recession
American incomes declined more in the three-year expansion that
started in June 2009 than during the longest recession since the Great
Depression, according an analysis of U.S. Census Bureau data by Sentier Research LLC.
Median
household income fell 4.8 percent on an inflation- adjusted basis since
the recession ended in June 2009, more than the 2.6 percent drop during
the 18-month contraction, the research firm’s Gordon Green and John Coder
wrote in a report today. Household income is 7.2 percent below the
December 2007 level, the former Census Bureau economic
statisticians wrote.
