As I noted earlier, the Census Bureau is releasing their poverty and household income data for 2013 tomorrow at 10am. But what you may not know is that the sample size for these data is smaller this year and that means it will take a slightly larger change in the poverty rate to achieve statistical… Read more
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
Over at PostEverything. With a none-too-subtle nudge to the administration re setting the new OT threshold high enough to make a real difference.
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
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