7/28/2014

Median Household Income still much lower today than it was when the recession ended!



Click figure to enlarge.  The original figure is available here.

It is one thing to say that the economy is worse than before the recession hit.  It is another to say that we are lower now than when the "recovery" started.

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2 Comments:

Blogger jedievan said...

I wonder if the number of people per household has changed much over that period.

7/28/2014 10:24 PM  
Blogger John Lott said...

Interesting question. Two thoughts:
1) It is a relatively short period of time since 2009.
2) If it did change, my guess is that the number of people per household actually went up so that the numbers would then be worse than they look.

7/29/2014 8:31 PM  

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