The recovery that wasn’t and isn’t. On the day Occupy Wall Street marks its second anniversary the US Census Bureau has published its report on income, poverty and health insurance coverage in America. The results of the study provide more evidence that while the top 1% have gotten even richer, the 99% have stagnated.
|By: DSWright Tuesday September 17, 2013 11:58 am|
|By: DSWright Friday May 31, 2013 6:48 am|
According to a new study by the Federal Reserve, American households have regained less than half of the wealth lost during the recession. While the wealthiest have actually gained since the crash the 99% are still not nearly whole.
|By: David Dayen Friday December 4, 2009 7:04 am|
The unemployment rate actually lowered in November, while employment was virtually unchanged, as the country lost just 11,000 jobs. This is certainly as good a statistic in this category as there has been for the entire Obama presidency by a wide margin, and the best jobs month since the start of the recession in December 2007.
Still, the raw numbers should resist any call of this as good news. . .
|By: Laura Flanders Monday May 26, 2008 10:09 am|
Tom Morello, of The Nightwatchman, on what recovery’s going to take.