Wealth Inequality Versus Poverty

Oxfam released its new report (pdf) on wealth and poverty. Their report is extensive, but here’s a synopsis of their Continue reading →

Data That Matters December 2017

The fraction of American children who eventually earn more than their parents fell from 90% after World War II to Continue reading →

Global Inequality Increases

The trend continues. 27% of the wealth growth from 1980 has gone to the top 1%. Even within that group, Continue reading →

November 2017 US Jobs Report

The good news: Jobs are up 228,000, which beat expectations of 195,000. Unemployment remains low, at 4.1%. The not so Continue reading →

Fewer Children Surpassing Parents

A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading →

Data That Matters November 2017

The ozone hole over Antarctica has shrunk to “only” 19.6 million square kilometers. Since the start of the Great Recession, Continue reading →

US State Of Inequality

Inequality remains incredibly high in the US. That’s using the definition of the roots of the word “incredibly” as in Continue reading →

Rich Recover From Recession

The Great Recession is over – for the wealthy in the US. The median net worth of upper income households Continue reading →