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About That Obama Recovery July 20, 2015

Posted by geoff in News.
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Here’s what the St. Louis Fed provides as the real (i.e., inflation-adjusted) median household income for 2003-2013:

RealMedianHouseholdIncome

Recovery? Not so much.

But this graph has an eerie resemblance to my super-duper, vastly-improved-over-the-BLS-U3-number, employment metric:

FullTimeEmpvsCivPopJul2015

Mine goes for another 2 years past the Fed’s database, but the 2 charts seem pretty well matched through 2013.

So if you’re wondering why things seem to be so tough when we’re supposedly recovering, look no further.

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