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CNNW CNN Newsroom October 10, 2011



significant reduction in the american standard of living. their words, not mine. but when you break it down, the reality gets even more troubling. during the recession, the average income slipped by about 3%. but after the recession when the economy was supposed to be picking up, take a look. the average income dropped by nearly 7%, down to $49,909. incomes fell more after the recession ended than they did during the actual recession. as the senate begins debating president obama s jobs bill, perhaps this explains why so many people are angry. and also explains, in part, why occupy wall street has become a nationwide movement in its fourth week. the protests have now spread far beyond wall street to more than two dozen cities. like it or not, it is a voice the president, lawmakers and the gop presidential candidates can no longer ignore. i don t know where it s going to go but they need to go away, because in my opinion, they re focusing on the wrong thing. seems t ....

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