US Income Tax Paradox

Figuring out income taxes makes many people think about wealth and income inequality. Many debates begin based on who is Continue reading →

Fewer Poor Higher Inequality

Two sets of news stories seemingly conflict, but they are both correct. There are far fewer people in extreme poverty. Continue reading →

February US Jobs

The good news: 242,000 Americans found jobs in February. Congratulations doing that in a short month. The bad news: wages Continue reading →

Wealth Inequality Intensifies

Number of people whose wealth = that of poorest 1/2 world population: 2010 =388 11 =177 12 =159 13 =92 Continue reading →

More Jobs Less Pay

The good news: job growth continues, and if it continues at this pace should fully recover within about two years. Continue reading →

Wealth Gap Affects Recovery

The US economy continues to recover from the Great Recession. The recovery, though, reflects the inequality in wealth. All wealth Continue reading →

Frugality Is In Fashion

Frugality is shifting middle class spending. “The recession wasn’t just a wake up call for politicians and bankers. For the Continue reading →

US Middle Class Is A Minority

As recently as 1971, the US middle class was a majority of the population: 61%. It now just hit 50% Continue reading →