…this fits with your definition of an economic recovery:
household income declined more in the two years after the recession ended than it did during the recession itself, new research has found.””Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,90… During the recession — from December 2007 to June 2009 — household income fell 3.2 percent.
