Archive for the ‘Income’ Category

Inequality, Mobility, NDD Spending, and the American Dream

September 10th, 2011

Putting aside for a moment the short-term and the hurly-burly of Jobs-Act politics (I’ll get back to those later), I’ve been thinking about inequality and mobility. Income (or wealth, or wage) inequality is the distance between income classes at a point in time.  That distance has of course gotten much wider over time. Income mobility… Read more

Another Symptom of the Housing Bubble

July 26th, 2011

When we think of the damage wrought by the bursting of the housing bubble, we tend to think of the Great Recession and the broad damage to jobs and incomes.  But there’s another dimension that’s less appreciated: wealth destruction, especially for minority households. A new study out today from the Pew Research Center shows some… Read more