Household Incomes Fall In August, Down 8.2% Under Obama – Investors.com

This is to be expected when the government pounds industry with environmental and work rule regulations, when unions use work rules as weapons, when the legal system allows frivolous lawsuits to the nth degree, when the government makes sure energy costs go higher and higher… all having the effect of forcing industry out of the country…

In another sign that the economic recovery under President Obama is not producing gains for average Americans, median household incomes fell 1.1% in August to $50,678, according to a report released Tuesday by Sentier Research.

Since the economic recovery started in June 2009, household incomes are down 5.7%, the Sentier data show, and they are down more than 8% since Obama took office.

via Household Incomes Fall In August, Down 8.2% Under Obama – Investors.com.