
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
Figuring out income taxes makes many people think about wealth and income inequality. Many debates begin based on who is Continue reading
Two sets of news stories seemingly conflict, but they are both correct. There are far fewer people in extreme poverty. Continue reading
The good news: 242,000 Americans found jobs in February. Congratulations doing that in a short month. The bad news: wages Continue reading
Number of people whose wealth = that of poorest 1/2 world population: 2010 =388 11 =177 12 =159 13 =92 Continue reading
The good news: job growth continues, and if it continues at this pace should fully recover within about two years. Continue reading
The US economy continues to recover from the Great Recession. The recovery, though, reflects the inequality in wealth. All wealth Continue reading
Frugality is shifting middle class spending. “The recession wasn’t just a wake up call for politicians and bankers. For the Continue reading
As recently as 1971, the US middle class was a majority of the population: 61%. It now just hit 50% Continue reading