Inequality: Obama Era’s Defining Feature?
Evidence that America isn’t working well for its people.
October 31, 2013
1. U.S. median household income in February 2013 was $51,404.
2. This means U.S. median household income was 5.6% below where it was in June 2009, when the recovery from the financial crisis began ($54,437).
3. It is also 8.9% below where it was at the start of the 21st century.
From US Inequality Will Define Obama Era by Edward Luce (Financial Times)
Takeaways
The US median household income is more than 8% below where it was in 2000.
