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Featured: Interviews for the Well-Informed

Featured: Interviews for the Well-Informed

Did you know? After the last post on this page is a link to "Older posts".

Thursday, January 2, 2014

This Chart Will Piss You Off

"This chart, drawn from a report by the Sentier Research Group, shows that for a large number of American households, there has been no economic recovery. Caught in a vice of chronic unemployment and falling wages, real median household income (excluding capital gains and losses but including cash government benefits) has declined 4.4% since the "recovery" began in 2009. For many households, the drop has been more severe. For African-American households, it is 10.9%. For those under 25 years old, it is 9.6%. For single females with children, it is 7.5%. Indeed, the only households to experience an increase in real income are those 65 to 74 years old...".* The Young Turks host Cenk Uyugr breaks it down.

https://www.youtube.com/watch?v=rcH6kGd3XQs


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