Category Archives: Making Work Pay

What if Housing is Done for a Generation?

From twitter @mark_neely “What if Housing is Done for a Generation?” by Tyler Durden points to some pretty scary economics (I take exception to his federal deficit talk – it isn’t the issue – but in the main my sense is he’s on to something).  A key quote: “Without going into too much detail, we […]

Median American Household Income Dropping Since 70s

Today’s Bruce Bartlett post on Economix “Fanning the Flames of Class Warfare” gives some interesting basic information – using a calculator from the Economic History Association we can see that the median American family income in Bartlett’s example of 1974 ($13,000) ranges in income or wealth value (depending on what type of value you’re interested […]

New Study Shows Wealth Gains Over Last Two Decades Lost In Housing Bubble

[Hat tip Doug May] The Center for Economic and Policy Research (CEPR) study by Dean Baker and David Rosnick, “The Impact of the Housing Crash on Family Wealth.” shows that over the last two decades (from 1989 to the projected 2009) median wealth for people age 35 – 54 was flat or declining assuming another […]

Good Paying American Jobs For Americans

“I’ve been ungodly blessed, you know, I just happened to be born at the right time in the right place. I tell people if I’d been born a few thousand years ago I would have been some animal’s lunch, because I can’t run very fast or jump very high. Or if I’d been born in […]