Friday, September 17, 2004

About the Bush economy . . .

The Federal Reserve said yesterday that the US household wealth reached an all-time high in the second quarter of 2004. The open question is how this relates to the actual number of households -- i.e., is the average household doing better than ever or is just the aggregate (which is the number listed in the Fed report) at a record? The full report is here in PDF format.

Hat-tip: Outside the Beltway.

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