Why Are Voters Anxious? Look At Their Paychecks
U.S. President Barack Obama speaks to the media on the South Lawn of the White House in Washington, D.C. U.S., on Tuesday, Sept. 23, 2014
Photograph by Andrew Harrer/BloombergThis article is for subscribers only.
Eleven days before midterm elections comes fresh evidence of why voters are unhappy: even those with a full-time job are probably making less than they did before the recession.
The typical American worker’s weekly earnings, adjusted for inflation, were lower during the July through September quarter than in the third quarter of 2007, the last such measurement before the recession started, Labor Department data released yesterday showed.