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Replies to #839 on Inflation Nation
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Pro-Life

09/16/16 7:03 AM

#840 RE: Pro-Life #839

Harvard Crushes The "Obama Recovery" Farce With 9 Simple Charts
by Tyler Durden Sep 16, 2016 3:10 AM

http://www.zerohedge.com/news/2016-09-15/harvard-debunks-obama-recovery-farce

First, here are the 9 simple charts and then the link to the Harvard study... AMAZING results... the numbers do not lie... just click the links above (for the entire article) and below (for the 67 page Harvard study).


Below are a couple of the key conclusions:

America’s economic performance peaked in the late 1990s, and erosion in crucial economic indicators such as the rate of economic growth, productivity growth, job growth, and investment began well before the Great Recession.

Workforce participation, the proportion of Americans in the productive workforce, peaked in 1997. With fewer working-age men and women in the workforce, per-capita income for the U.S. is reduced.

Median real household income has declined since 1999, with incomes stagnating across virtually all income levels. Despite a welcome jump in 2015, median household income remains below the peak attained in 1999, 17 years ago. Moreover, stagnating income and limited job prospects have disproportionately affected lower-income and lower-skilled Americans, leading inequality to rise.


https://www.scribd.com/document/324137454/Harvard-Study-on-US-Economy-Under-Obama#from_embed