Morning Roundup From @ChangeNation August 24
24 Aug 2012
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From USA Today
Consumers' incomes have recovered about a quarter of the ground they lost during the recession and its aftermath, but progress has stalled in recent months, a new report says.
Median household incomes, before taxes and adjusted for inflation, have risen 2.2% in the last year through June, according to Sentier Research, a consulting firm founded by Census Bureau researchers. They remain 7.2% below where they were in December 2007 — the start of the recession — and 4.8% below when the recession ended in June 2009, Sentier reported.
Median household incomes, before taxes and adjusted for inflation, have risen 2.2% in the last year through June, according to Sentier Research, a consulting firm founded by Census Bureau researchers. They remain 7.2% below where they were in December 2007 — the start of the recession — and 4.8% below when the recession ended in June 2009, Sentier reported.
An informal adviser to Mitt Romney is representing 10 federal employees in a lawsuit aimed at undoing President Barack Obama’s June immigration directive. Kansas secretary of state Kris Kobach is representing U.S. Immigration and Customs Enforcement officials who believe that Obama’s immigration action requires them to break federal law. The suit [pdf], which names Secretary of Homeland Security Janet Napolitano and ICE Director John Morton as defendants, was filed Thursday afternoon in a Dallas federal court.
As Conventions Open, A More Negative View of Politics
As Democrats and Republicans prepare to open back-to-back conventions, a nationwide USA TODAY/Gallup Poll finds Americans taking a decidedly more negative view of the presidential candidates and the tenor of their campaigns than they did four years ago.
The economy will not recover until the housing market recovers, and the housing market will not recover until the broader economy recovers — a chicken-and-egg problem reflected, once again, in national housing figures.
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