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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (54607)	2/23/2006 8:51:39 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 110194

When you combine those "last five special years" with the recent FED report, "Fed Study Finds Drop In Household Incomes", it is an especially ugly picture. As Dr. Thoma wrote: "The report shows that between 2001 and 2004, real household income is down, household wealth growth slowed sharply and fell for some groups, and household debt burdens are up. Not exactly the economic miracle from tax cuts and other administration policy we have been hearing about." economistsview.typepad.com