What Recovery?

For Most Of Us, There's No "Recovery" (Jack Kelly) from Real Clear Politics
"The incomes of the top one-tenth of 1 percent (about $8 million a year) grew 39 percent. The incomes of the bottom 90 percent declined, according to University of California-Berkeley economist Emmanuel Saez. Real median household income was $54,417 in December, 5.1 percent lower than in January 2008 ($57,317)."
One of the interesting side lights to this column is Kelly's use of "Us" in the headline.  As an old print-media guy, this self-discription works because most newspaper writers like Kelly (as newspaper reporters have historically) aren't getting rich doing their jobs.  If you tune into any news network or cable news outlet any night of the week, you can go hours at a time and not see anyone reporting anything that could say the same.  Virtually all of them make north of six figures now -- and yet they are the ones telling us "how it is" every night. Sorry -- my economic populist underwear is showing here a bit -- Nuggetsman.