Showing posts with label American. Show all posts
Showing posts with label American. Show all posts
Thursday, January 24, 2019
Monday, October 3, 2016
Thursday, September 22, 2016
Tuesday, September 20, 2016
The Invisible American
http://www.gallup.com/opinion/chairman/195680/invisible-american.aspx
I've been reading a lot about a "recovering" economy. It was even trumpeted on Page 1 of The New York Times and Financial Times last week.
I don't think it's true.
The percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today.
Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed.
What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment rate.
Monday, September 12, 2016
Wednesday, April 20, 2016
Tuesday, July 15, 2014
Tuesday, June 11, 2013
Subscribe to:
Posts (Atom)

