Incomes Drop 6.7 Percent During Obama ‘Recovery’


Jeff Anderson at The Weekly Standard:

New evidence suggests there’s a reason why this economic “recovery” hasn’t felt much like a recovery. Figures from the Census Bureau’s Current Population Survey, compiled by Sentier Research, show that the “recovery” has actually been harder on most Americans than the recession from which they’ve allegedly been recovering.

According to Sentier’s report, the median American household income has actually fallen during the “recovery.”  Not only that, but it has fallen even more than it did during the recession. Gordon Green, former chief of the Governments Division at the U.S. Census Bureau and co-author of the report (with fellow Census veteran John Coder), says, “Real income fell by 3.2 percent during [the recession].  And during the recovery it went down by 6.7 percent.” So “income [has] declined twice as much in the recovery as in the recession itself.”

According to the report — which has been referenced by both the Wall Street Journal and the New York Times — in early 2000, Americans’ median annual household income was $55,836, in real (inflation-adjusted, June 2011) dollars. By the start of the recession (in December 2007), Americans’ real incomes had fallen 0.9 percent, to $55,309 — a decline of $527. During the recession (which ended in June 2009), their incomes fell an additional 3.2 percent, to $53,518 — a decline of another $1,791. During the first two years of the “recovery” (from June 2009 to June 2011), they fell an additional 6.7 percent, to $49,909 — a decline of another $3,609.

So, from the start of 2000 to mid-2011, the typical American household’s real income dropped nearly $6,000 — and more than 60 percent of that drop (over $3,600) came after the start of the “recovery” and thus squarely on Obama’s watch.

While the real median income of American households dropped 6.7 percent during the first two years of the “recovery,” the incomes of many households dropped even more than that. The income drop was steeper for those under 25 years of age (their incomes were down 9.5 percent), for those between 25 and 34 years of age (down 9.8 percent), for black Americans (down 9.4 percent), for families with three or more children (down 9.5 percent), and for families headed by part-time workers (down 11.5 percent). And that’s despite the fact that the report’s income tallies include unemployment compensation and monetary public assistance (both state and federal).

In fact, the anemic economy has meant that Americans’ incomes have declined during the “recovery” even without adjusting for inflation. According to Green, in actual (non-inflation-adjusted) dollars, the median American household income was $51,140 at the start of the “recovery,” but it fell to $49,909 two years later.

Ron Paul Staffer: He is “most certainly Anti-Israel”. Believes U.S. Should Not Have Stopped the Holocaust…

Dondero tries to split a line between anti-Israelism and antisemitism. History demonstrates that such a split is imaginary. You cannot be OK with Jews and say that the holocaust, genocide, is none of our business.

Eric Dondero:

  • Fmr. Senior Aide, US Cong. Ron Paul, 1997 – 2003
  • Campaign Coordinator, Ron Paul for Congress, 1995/96
  • National Organizer, Draft Ron Paul for President, 1991/92
  • Travel Aide/Personal Asst. Ron Paul, Libertarian for President 1987/88

He (Ron Paul) is however, most certainly Anti-Israel, and Anti-Israeli in general. He wishes the Israeli state did not exist at all. He expressed this to me numerous times in our private conversations. His view is that Israel is more trouble than it is worth, specifically to the America taxpayer. He sides with the Palestinians, and supports their calls for the abolishment of the Jewish state, and the return of Israel, all of it, to the Arabs.

Dondero continues:

There was another incident when Ron finally agreed to a meeting with Houston Jewish Young Republicans at the Freeport office. He berated them, and even shouted at one point, over their un-flinching support for Israel. So, much so, that the 6 of them walked out of the office. I was left chasing them down the hallway apologizing for my boss.


Ron Paul is most assuredly an isolationist. He denies this charge vociferously. But I can tell you straight out, I had countless arguments/discussions with him over his personal views. For example, he strenuously does not believe the United States had any business getting involved in fighting Hitler in WWII. He expressed to me countless times, that “saving the Jews,” was absolutely none of our business. When pressed, he often times brings up conspiracy theories like FDR knew about the attacks of Pearl Harbor weeks before hand, or that WWII was just “blowback,” for Woodrow Wilson’s foreign policy errors, and such.

I would challenge him, like for example, what about the instances of German U-boats attacking U.S. ships, or even landing on the coast of North Carolina or Long Island, NY. He’d finally concede that that and only that was reason enough to counter-attack against the Nazis, not any humanitarian causes like preventing the Holocaust.

More HERE.

McCain Endorses Romney After Trashing Him…

Does this mean that McCain wasn’t serious about his rediscovered Reagan Conservatism on the 2008 campaign? It would seem so by how Steve Schmidt and some other liberals hired by McCain to run his campaign treated Sarah Palin.  Or it could mean none of that and these ads meant nothing to John McCain at all other than a means to winning an election.

This schizophrenic messaging completely takes McCain’s endorsement credibility and tosses it right out the window. It also speaks volumes about how the GOP elites view messaging to GOP voters and is another example of why the GOP communications strategy and brand needs new blood.