My home state of Michigan is #1!!
It's right out front leading the pack!
According to online journal 24/7 Wall Street, Michigan has the #1 worst economy of all the states in the country . . .
1. Michigan
Pct. Change in over 10 years in GDP: 2.3%
Pct. Change in Population: -0.6% (the only decrease)
Unemployment Rate: 10.2%
Median Household Income: $45,255
Change in Household Income: -0.6% (the lowest)
Pct. Below Poverty Line: 16.2%
Lovely. Household income going DOWN! 1 out of every 6 people below the poverty line. Detroit's actual unemployment rate is nearly 50%!
It makes me Proud with a capital P. We're all just tickled pink. Proud and pink. Hmm. What else starts with a 'p'? Ah yes . . . poverty . . . and pathetic.
But all those struggling Michiganders can take heart. According to recent announcements by Fed Chairman Ben Bernanke and several informed advisors to President Obama, the economic recovery is right on track. Steadily improving, they tell us.
Whew! I am so relieved.
Let's all sing along! . . . "Happy Days Are Here Again"
[ This post originated at the author's web site http://jdrachel.com ]
