One of the reasons I remain pretty optimistic about the United States’ long-term economic prospects is that we have such vast wealth. That sheer wealth will eventually help eliminate the nation’s debt, fuel investment in infrastructure, and allow the economy…
The Washington Post today has published a major piece about growing income disparity in America: With executive pay, rich pull away from rest of America. I guess it should go without saying, but I’ll say it anyway: an economy dependent…
President Obama’s State of the Union speech on Tuesday will be about economic inequality and the struggles of the middle class, but this week’s most important speech about the American middle class was almost certainly an address given today by Federal Reserve Vice Chair Janet Yellen: A Painfully Slow Recovery for America’s Workers: Causes, Implications, and the Federal Reserve’s Response.
I’ve been writing a lot lately here on the blog and in my Savannah Morning News columns about the need to focus public policy on job creation and retention. With the 2012 state legislative session looming, I’m going to be…
The black middle class has grown dramatically in America over the last couple of decades. Non-discrimination laws and political clout in cities meant that blacks were hired in large numbers for solid government jobs at the state and local level.…
A quick post regarding income inequality, relying on a couple of wonkish resources. I have made several posts on this subject. First off, there’s really no disputing that income inequality has been steadily increasing in America for decades. Wealth distribution…
I’ve written a lot about increasing income disparity and wealth disparity in America. A consumer economy cannot thrive with such trends in place and worsening: with a larger and larger percentage of the population having little or no disposable income,…
I previously posted here about a great Washington Post piece on income disparity in America. Recently, there have been a couple of Wall Street Journal blog posts by Robert Frank dealing with income and wealth disparity in relatively recent U.S.…
I already posted about some of the less than stellar data regarding job growth in Texas. That’s a subject that has been — and will be — much in the news as long as Rick Perry’s run for the Republican…
