Wednesday, September 29, 2004

Household income growth fastest in three years

According to the Commerce Department:

"U.S. personal incomes rose 1.5% in the second quarter of 2004, the fastest pace of growth in more than three years, as income gains sped up in 33 states, the Commerce Department said on Tuesday.

"All 50 U.S. states reported increases in personal income, and real earnings for all eight U.S. regions climbed above the level set in the first quarter of 2001, the previous peak in the national business cycle, the government reported.

"'We do see an improving picture here,' said Mark Vitner, an economist at Wachovia Securities. 'I think the recovery has strengthened and broadened.'"

I just thought everybody should know that, seeing as how the scales would only fall from Big Media's eyes if their candidate emerged victorious, after which they'd instantly hail the "Kerry recovery."

I lived through that same garbage twelve years ago. Almost made me take up bulemia as a hobby.

Hopefully this little public service will help get me that testimonial gig with the National Esophagus Institute...