"[Reporting on the dismal jobs numbers] One of the additional stats which is extremely important, but
particularly dismal, is the drop in median household income. During the
height of the recession from 2007 to 2009, household income dropped
$1,006 annually, as you might expect during such a crisis. But during
the “recovery” from then until now, how much did it bounce back? It dropped an additional $2,535 per household.
The “problem” in this country isn’t that we have too many rich people.
The real crisis is that we have too many people who can’t get a decent
job and miss out on the opportunity to climb the ladder. Obama has had
more than a full term to turn things around, and yet his policies have
led to increased poverty, not prosperity. Incomes are going down for the
working class, not up. So if you want to fix “income inequality” in
America, perhaps you should review the jobs data ....."
[Hot Air]
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