Archive for the ‘New Posts’ Category

Tomorrow is poverty/income day!

September 15th, 2014

IE, tomorrow AM the Census Bureau will host a webinar wherein they release poverty and household income results for 2013. I’ve got some speculation as to what we might see over at the Upshot. As you’ll see, it looks to me like inequality and fiscal drag have dampened gains in poverty and median household incomes,… Read more

Absent full employment or a bubble, middle class income and wealth will fall.

September 15th, 2014

Robert Samuelson covers some useful ground this morning, reviewing income and net worth trends from the recent Survey of Consumer Finances, a triennial (it comes out every three years) survey of family income and wealth. I wanted to add a few points regarding timing of the trends he cites. First, Samuelson notes that if you… Read more

The Self-Fulfilling Function of Political Dysfunction

September 13th, 2014

Here’s an engaging oped by Jon Grinspan that makes one of my favorite points, one which is obvious but under-appreciated, I think: generalized and pervasive negativity about government perpetuates broken government. As Grinspan (a name that sounds like the answer to the crossword puzzle clue: “happy central banker”) puts it: First, we need to realize… Read more