Obama may have inherited a weak economy, but his recovery is no great shakes.
Household income is down sharply since the recession ended three years ago, according to a report released Thursday, providing another sign of the stubborn weakness of the economic recovery.
From June 2009 to June 2012, inflation-adjusted median household income fell 4.8 percent, to $50,964, according to a report by Sentier Research, a firm headed by two former Census Bureau officials.
Seems like Reagan had a stock market crash, and it didn't even lead to a recession, much less a depression. Comparatively, it looks like for all of Obama's efforts, he can't even get back to where he was when he began- with a stock market crash.
But he's more interested in expanding government than in creating jobs.
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