For the first year since the recession, median household incomes did not decline in 2012. But it's hardly a reassuring picture. Incomes were flat despite the economic recovery and big gains in the stock market. That's a troubling aspect about today's labor market. It's four years since the official end of the recession and many households are worse off than when it started.
By 10 a.m. Tuesday, several hundred people had already gathered in Manhattan's Zuccotti Park to mark the second anniversary of the movement known as Occupy Wall Street.
With many people coming and going, heading for actions like a McDonald's protest or a march on Washington Square Park, it was difficult to assess actual numbers. Much like Occupy itself, groups changed and reformed all morning.
I approached this review with a little bit of dread. How do you write about the iconic novelist Thomas Pynchon, whose books are strange and difficult things, and whose die-hard readers gather online to wax poetic, and use words like Pynchonian, Pynchonalia and Pynchonesque? They are just so into him, and often so articulate about their love. If you read the thoughtful and detailed writing by Pynchon devotees, they make a very persuasive case.