Recovery Worse Than Recession

Statistics compiled by Sentier Research from the Census Bureau’s Current Population Survey found that the median American household income declined twice as much during this so-called period of recovery than during the recession.  The recession median amount was 3.2% while the recovery amount fell to 6.7%.  “The report’s income tallies include unemployment compensation and monetary public assistance (both state and federal)… More than 60 percent of that drop (over $3,600) came after the start of the “recovery” and thus squarely on Obama’s watch” according to Jeffrey H. Anderson.

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About camden41

Retired public school administrator Retired history professor: Taught Western Civilization, American Civil War, United States History, Economic History, Ancient & Medieval Foundations, American History Since 1945
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