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Noah Smith @Noahpinion
, 13 tweets, 4 min read Read on Twitter
1/Here are some economic facts to be thankful for this #Thanksgiving...
2/The unemployment rate is 4.4 percent - lower than it was before the Great Recession.
3/The prime-age employment-to-population ratio is almost back to where it was before the recession.
4/Real wages for production and nonsupervisory workers are considerably higher than they were a decade ago.
5/Real median personal income has risen. and is higher than it was on the eve of the recession.
6/Wages are still growing strongly.

nbcnews.com/business/econo…
7/In fact, wage growth has been stronger at the bottom of the distribution at the top. theatlantic.com/business/archi…
8/The poverty rate is falling, even before accounting for government transfers. npr.org/sections/thetw…
9/But thanks to government transfers, child poverty is at record lows.
10/Inflation, meanwhile, continues to be low and steady.
11/And home prices have recovered from the crash.
12/Thanks to Obamacare, the number of uninsured America has fallen dramatically.
13/To sum up:

Americans are mostly working.

Wages and incomes are growing.

Poverty is down.

Middle-class wealth is recovering.

Health insurance is becoming universal.

There are still plenty of problems to be solved, but there's plenty going right.

Happy Thanksgiving! (end)
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