The number of people who filed unemployment claims last week dropped to the lowest level since May 2008, according to the Bureau of Labor Statistics.
At the same time, the U.S. Census said 48 percent of all Americans either live below the poverty line or fall into the low income category. That is 148 million people living in the wealthiest nation on earth.
Seems like we have a ways to go before we can accurately use the words economy and recovery in the same context.
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