Michelle Obama: "We Are In The Midst Of A Huge Recovery."

Reality:  Not so much.

Are You Better Off Now Than You Were Four Years Ago?

Chris Wallace confronts Axelrod with facts and Axelrod squirms.

Those facts are the following (and should be regularly featured in Romney campaign ads from now until November:

Unemployment: 7.8% then, 8.3% now

Median income: $54,983 then, $50,964 now

Gas prices: $1.85 per gallon then, $3.78 now

National debt: $10.6 trillion then, $15.9 trillion now

On the other hand, the Democratic governor of Maryland can at least admit the painfully obvious truth.

The Income-Less Recovery

James Pethokoukis looks at why this recovery doesn't feel like a recovery and believes he found the answer.  As the below chart indicates, "[o]n a per person basis, real after-tax income has shown essentially no growth for the past two years."

Hat tip to Instapundit.