Archive for the ‘Income’ Category

A New Report on the Middle Class

August 23rd, 2012

The Pew Research Center just released a report worth a close look, called “The Lost Decade of the Middle Class.”  (FTR, I wrote this a year ago…I await royalties.) The title comes from the observation that real median income or the more comprehensive measure of net worth were lower at the end of the last… Read more

The NYT Introduces a Series on Middle Class Decline

July 26th, 2012

So, I see where the NYT is introducing a series on the economic challenges facing the American middle class.  That’s good news—it’s obviously a topic of great concern, yet there’s surprisingly little systematic analysis of the economic plight of middle-income families. I wanted to offer a bit of orientation or background material from my own… Read more

Scattershots from the Road

July 17th, 2012

Quick road trip in progress so just a few scattered impressions from the hotel room, and pre-coffee so I can’t be held accountable. Econowatch: Yesterday’s retail sales numbers were a concern because there’s a negative trend there — see figure — over the last quarter (April, May, June) which corresponds to the slower growth in… Read more