Real median household income rose 5.2%

[manch]

Note that this is real income, not nominal. Looks like we can now expect some inflation in the future. I say the current expansion is only in the 4th inning. Recession? What recession?

[manch]

So the poor gains more in percentage terms than the rich. The gain is very broad based, and that means the economy is getting in a much better shape. Of course the stock market freaked out…