Tag Archives: family income

Profiling Responses: “Government Should Spend Less on Poor Benefits”

From FDR in the 1930s and then again with LBJ’s War on Poverty in the 1960s to the present the electorate has debated the amount of federal spending for benefits to the poor. It won’t surprise many people to learn … Continue reading

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The Disappearing Defined Benefit Pension and Its Potential Impact on the Retirement Incomes of Baby Boomers

The Dynamic Effects of Participation Changes in Defined Benefit and Defined Contribution Plans Buried within the ‘analysis caves’ of the U.S. Social Security Administration is a report indicating greater lost family income for last-wave boomers born from 1961 through 1965 than for those born … Continue reading

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Family Income: The Years We All Grew vs. The Years We Grew Apart

Growth of family income – note the divergence beginning in 1980.  

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Married Women, Family Income and Recessions

During the Great Recession unemployment among men was particularly high, with 69 percent of the jobs lost held by men. At the Great Recession’s peak overall unemployment was 10.0 percent in October 2009. At that time  men’s unemployment was 11.2 percent and women’s at … Continue reading

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The Pummelting of the American Middle Class

Create your own title from the findings from latest Survey of Consumer Finances, a comprehensive review of household finances that the Federal Reserve conducts every three years dating to 1989. Title possibilities: The Catastrophic Effect of the Great Recession on … Continue reading

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2010 Census Reveals Income Inequality Gap, 1947 – 2010

The latest Census Bureau results on widening disparities in U.S. income distribution are now available for download. Using the data I produced the following graph of income limits for each fifth and top 5 percent of families. The trend lines … Continue reading

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After Adjusting for Inflation Median Earnings for Full-Time, Full-Year Workers Grew by Only 0.15 Percent per Year from 1974 to 2009

Median earnings for full-time, full-year workers have been flat for over three decades as demonstrated in the following graph. After adjusting for inflation median earnings for full-time, full-year workers grew by only 0.15 percent per year from 1974 to 2009. … Continue reading

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Why Americans Went into Huge Outstanding Debt

In previous posts I have documented the adverse wage and salary trends of working Americans for several decades. “According to the Census figures, the median annual income for a male full-time, year-round worker in 2010 — $47,715 — was virtually unchanged, … Continue reading

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The Decline in Economic Mobility: An American Crisis and Opportunity

The researchers at the Economic Mobility Project do excellent analyses tracking trends and factors relating to economic mobility in the U.S. If you are interested or concerned about economic or social mobility in America I would strongly recommend examining the … Continue reading

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