Suntan12- Disposable income in 2009 showed the highest drop in disposable income since 1949.
Disposable income dropped almost 10%. This also explains why the unemployment rate is so high.
When people have less, they spend less which adversely affects businesses. There are less companies hiring, and more people that can’t find jobs.
As a result businesses have automated many jobs and have eliminated some jobs probably forever. Unemployment in the U.S. is about 10%, but in Florida it is almost 12%. I think that higher disposable income equals a better economy wth more jobs.