Thursday, December 03, 2015

The ObozoConomy, Part 3,467

Think Obozo's economy sucks?

You're RIGHT!!

Median household income fell by a significant margin in two-thirds of Wisconsin counties from 2009 to 2014, according to figures released Thursday by the U.S. Census Bureau.

In Milwaukee County, the median income fell by 10.3% to $43,385. Waukesha County, which had the highest median income in the state at $76,319, saw a 7.1% drop. Washington (-5.2%), Ozaukee (-7.7%) and Racine (-7.9%) counties all experienced declining incomes, as well.

The trend mirrors the nation, which saw median income decline by 7.5% to $53,482, after adjusting for inflation.

Correlation or causation?  I'll take causation for several hundred $billion.

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