On Thursday, Sentier Research released a study showing that household income has actually declined at a worse rate in the sluggish economic recovery than it did during the December 2007-June 2009 recession. "From June 2009 to June 2012, inflation-adjusted median household income fell 4.8 percent, to $50,964," Washington Post's Michael Fletcher noted in Friday's paper, although his article was buried by editors on page A10. The New York Times ran a story on the report on Friday on page B1 entitled "Big Income Losses Hit Those Near Retirement."
This should of course be troubling news for any incumbent president, but since that happens to a be liberal Democrat, the media are not making much of it. Indeed, the broadcast networks have completely ignored the story, as a search of our DVR recordings and of the Nexis database confirm.