According to the National Bureau of Economic Research the recession
began in December 2007, and ended
June, 2009.
I am well aware of that.
However no one but the schills place any weight in it.
As a for instance, let'[s look at a hypothetical situation that is a fair measure of reality.
Let's make this super simple so you might understand it:
10 People 2009
5 make $10 per hour
5 make $5 per hour.
The Bureau if Labor Statistics will report wage averages for "America" as $7.50
Same 10 People 2012
Out of the 5 making $10...
2 now make $12.50
1 still makes $10
1 was laid off and accepted a lower paying job at $8
Out of the 5 making $5 per hour...
2 are unemployed
1 makes $10 per hour now
1 still makes $5
The 2 that are unemployed are no longer counted.
The Bureau of labor statistics reports the average wage for 2012 = $9.60
Obama and the Democrats claim victory and guys like you and Chris paste all over the forum that Obama is great.
However...the total wages earned in 2009 was $75 per week...the total wages earned for 2012 was only $58. Not a victory, things are worse except for politicians willing to make pronouncements based on data without context,
See what context does?