“Household incomes for American families rose strongly in 2015, breaking a years long pattern of income stagnation. The median household’s income in 2015 was $56,516, an increase of 5.2 percent over the previous year — the largest one-year rise since at least 1967, the Census Bureau reported Tuesday.”
This should be the lead story on every left of center site. And it should be repeated like every 8 hours.
BEST INCOME GROWTH SINCE 1967!!
To some extent this is the snap back from the Great Recession – and incomes are still below 2007. In typical recessions income recovery happens much more quickly, but financial recessions are fundamentally different.
There are other metrics that show economic optimism: Consumer Sentiment is at good levels now as well.
This also explains Obama’s Approval recovery.
Data like this always creates a challenge for Progressives. Some tend to think we are one step away from the global crisis in capitalism, which is why perma bears are in vouge among some on the left. More commonly, I think liberals know that the economy still is tough and touting this seems insensitive.
Here is all you need to know about this story: Not a word on the Fox Home page, National Review or Redstate.
Alas,not much on liberal sites either.