economic non-recovery (an update)

I've stated before that the methods used to calculate the health of our economy are incorrect.  They favor corporate profiteering but ignore personal hardship.  Economies exist because people need them; it should be its effect upon people by which we measure the health of any economy.


A recent article by the post-autistic economics crowd sums it up nicely, although I would edit their title to become "Obama's profitable non-recovery".  The chart to the right explains the situation rather well.  If you use metrics of corporations, things are looking up already.  If you use metrics of personal hardship, however, a very different picture emerges.

( Cut to avoid being too image-heavy... )

I keep saying that we need a zero-growth financial system.  We need a zero-growth society to go with it.