Student loan forgiveness is probably a good idea. But, if not done carefully, it could benefit households already doing pretty well.
Category: Stylized Fact #1 — Falling Middle
The Postal Service has also Delivered Good Jobs
The postal service is a source of good jobs for men without any college education. But, it’s shrinking and under fire.
You’ve Been Screwed by Inequality Too.
We’d like to think that when our economy grows, that we all see that growth. But, that isn’t what’s happening.
Have COVID Heroes’ Incomes Soared Like Superman?
We call them heroes…and they are. But their wages are planted firmly on the ground.
Should Health Insurance Come From Employers? Spoiler Alert: No.
Lot’s of things in this crazy world don’t make sense. Employer-sponsored health insurance is one of them.
Coronavirus Targets the Economically Vulnerable
The economically vulnerable always suffer the most in an economic emergency. Coronavirus is no different.
Inequality in Life…and Life Expectancy
The only thing worse than inequality in life may be inequality in death. Rising life expectancy inequality suggests it’s happening.
The Falling Middle: What to Do?
Now that you know about the falling middle, the obvious question is: what do to about it?
Does Globalization Increase Inequality?
Does globalization also contribute to rising inequality in the U.S.? Its complicated.
A Hard Bargain
Technology is not the only reason workers’ wages have suffered. Lower bargaining power isn’t helping either.