Before the Great Recession, a Phantom Recovery
The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.
The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.
Despite the imploding stock market, the looming recession, the unpopular president and the dismal political polls, there’s very good news in the one realm of life that’s always been a special sanctuary for Republicans. Personal happiness.