Is This The Recovery Obama Is Talking About?

 

Obama: "...the economy is far stronger now than it was four and a half years ago."

...as long as one ignores the reality of the following chart...

We've seen macro "Hope"and micro "Reality", but for the man in the street, it would appear from the chart above that the trajectory for 'recovery' green shoots is decidedly down and getting worse... even as the President tells the American public they are so much better off...

source ...

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They are all talking about same "recovery". Middle class is killed and it will stay like that for the ages to come. Slavery has many different forms, and we are going to see the newest of it

 

President Obama proposes foundation for sustainable economic growth in his prosperity plan buy my guess is that it will be a slow start of a recovery.

Reason: