Showing posts with label end-of-recession. Show all posts
Showing posts with label end-of-recession. Show all posts

Friday, August 23, 2013

Household income below end-of-recession

This report is correct in exposing US household incomes are dropping.  But it also assumes the GDP figures are accurate in declaring the Great Recession ended in June, 2009.  This recession did not end four years ago and it is ongoing today.

http://www.cnbc.com/id/100980411