Bloomberg: Wages Down

First we need a definition. The "median wage" is the wage that half the people make more than, and half the people make less than.

Bloomberg reports that:

Real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery. (snip) A president who attacked Bush’s policies for favoring the rich has overseen a recovery in which the wealthiest 1 percent captured 93 percent of per-capita real income gains in 2010.