Archive for the ‘Income’ Category

Some Nice Curves

October 26th, 2011

In my previous post I noted a fascinating new study from the CBO, focusing on the increase in household income inequality over the past few decades. This figure is particularly elucidating.  As noted earlier, the increase in inequality has largely stemmed from the increase in the dispersion of market outcomes, or what I called above the primary… Read more

Making Inequality Worse

October 25th, 2011

One reason why all these Republican tax plans seem so dissonant is that they exacerbate the inequality trends generated by the increased concentration of market incomes—i.e., incomes from all market sources, before any taxes or transfer programs (like Social Security benefits, welfare, or unemployment insurance) kick in. Think of the income distribution in two parts…. Read more

A Few Pictures to Keep in Mind

October 6th, 2011

As I mentioned earlier, I’ve been collecting stuff on kids and their economic well-being.  Here are a couple of figures that provide an intersection of a number of points I’ve tried to stress a lot in recent weeks. It’s just a simple plot of real median income for families with kids, 1989-2010, followed by two… Read more

Remember This Picture

October 4th, 2011

Traveling to Philly tomorrow to give a presentation on economic and budget challenges facing families with kids, so light posting. But in prepping, I took a closer look at some of the Census data for families with children, including real median family incomes by race and ethnicity.  The results are striking. When the 2010 data… Read more

Occupy Wall St.: This is Not a Head Scratcher

October 4th, 2011

Last night I heard a story on NPR about the Wall St. protest that is now spreading to other cities.  The gist of the story was: “what are these protests really about?  What do they want?” I’m sorry, but that’s just not a head scratcher.  Do these news analysts think it’s a coincidence that they’re… Read more