July Jobs And Jobless Report

The good news: There were about 215,000 jobs added. The not-so-good, not-so-bad news: The unemployment rate was steady at 5.3% Continue reading →

Income Tax Cut Data

The data are in and, cutting taxes for the rich is only successful at cutting tax revenue while increasing wealth Continue reading →

Data That Matters July 2015

US wages rose 3.3%. Humans can lay bricks at 700/hr. Robots, 1,000/hr. Americans turning away from owning homes as only Continue reading →

Working More Hours

Wages are rising, slowly. There are two components, though. The total is hourly wages times the number of hours worked. Continue reading →

Born But Not Raised Equal

“All men (people) are created equal.” A wonderful sentiment, and possibly true at birth, but the parents’ income creates an Continue reading →

Data On Wealth And Income

We know inequalities exist. The debate is about whether there are acceptable limits to inequality. Is it okay for the Continue reading →

Data On Reverse Trickle-Down

America has tried trickle-down economics for thirty years. The result has been higher income and wealth inequality. Analyses now show Continue reading →

Americans Are Rich Relatively

America has poverty issues. So does the world. US median income is down to $51,939 (2013) from $55,562 (2001), but Continue reading →