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The Fed documents the impact of the financial crisis of 2008-2009 on American families. Half the middle class is dislocated financially by the crisis and minorites fare badly. Median incomes drop 8% and housing asset values drop an average of 42%. Median net worth down 39% taking it back to where it was in 1992. American families work down their debt, reducing credit card balances.
Grouped Articles
Wall Street Journal 09/14/2011
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Americaâs Sinking Middle Class
New York Times 09/18/2013
Wall Street Journal 09/17/2010
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Wall Street Journal 04/04/2009
Grouped Articles
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Wall Street Journal 08/12/2013
No longer the land of opportunity - The Washington Post
Washington Post 01/05/2012
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
A previous generation could count on good jobs in manufacturing with only a high school education. The last two decades of globalization have hit manufacturing jobs and wages in the U.S. hard and the impact is greatest on people without a college education. Other problems aggravating income and causing poverty is the increase of dropout rates from the labor force of young white American men, the effects of drug use and the lack of stable marraiges. This creates an underclass of whites in America, similiar to the underclass among minorities.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
Wall Street Journal 09/14/2011
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
New York Times 02/10/2010
Grouped Articles
8 States to Raise Minimum Wage
New York Times 12/23/2011
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
In Washington State, Home of Highest Minimum Wage, a City Aims Higher
New York Times 10/13/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
New York Times 12/01/2013
$15 Wage in Fast Food Stirs Debate on Effects
New York Times 12/04/2013
If only 1.9 million hourly workers earned more than $20 per hour in April 2008, when the deep downturn that hit in October 2008 had not ocurred and the shift to part time employment and lower auto related wages was just underway, what would the numbers look like by 2010? And what does that mean for consumption? Does it prolong the downturn with demand slow to pick up? What does it mean for exports from China?
Grouped Articles
Americaâs Sinking Middle Class
New York Times 09/18/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Washington Post 11/22/2014
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
Grouped Articles
Wall Street Journal 10/30/2013
Wall Street Journal 09/08/2010
Cities in Debt Turn to States, Adding Strain
New York Times 10/04/2010
Fiscal Woes Deepening for Cities, Report Says
New York Times 10/06/2010
Wall Street Journal 10/13/2011
Wall Street Journal 02/02/2012
Grouped Articles
Rochesterâs Survival Lessons
New York Times 02/02/2012
Pittsburgh Native Invests in Hometown
Wall Street Journal 09/26/2011
Wall Street Journal 02/02/2012
Wall Street Journal 07/18/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Mitt Romney: A New Direction For America
Wall Street Journal 11/02/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
In Atlanta, Housing Woes Reflect Nationâs Economic Pain
New York Times 01/31/2012
Wall Street Journal 02/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Jefferson County, Ala., Falls Off the Bankruptcy Cliff
New York Times 02/18/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Wall Street Journal 10/30/2013
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Companies Say Goodbye to the 'Burbs
Wall Street Journal 12/07/2013
Tough Times in the Second City
New York Times 09/04/2011
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Dan Gilbert’s Quest to Remake Downtown Detroit
New York Times 04/13/2013
Last Car Plant Brings Detroit Hope and Cash
New York Times 07/15/2013
Wall Street Journal 07/19/2013
Wall Street Journal 10/30/2013
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Washington Post 12/04/2013
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
In Dalton, Ga., Carpet Capital of the World, Job Losses Force Recalibration
New York Times 08/20/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Illinois Readies $900 Million Debt Sale Amid Fiscal Woes
Wall Street Journal 07/10/2010
Fiscal Woes Deepening for Cities, Report Says
New York Times 10/06/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Bond Buyers' Eyes Are on Illinois
Wall Street Journal 01/07/2011
Illinois Deficit Leads to Talk of Big Tax Increase
New York Times 01/09/2011
High costs on the Kans City Power & Light entertainment district intended to revive the downtown area. Furture property and sales taxes were committed by the city government for payment of costs if returns came up short, which is the situation today. This puts the city's finances on a precarious footing.
Grouped Articles
Wall Street Journal 04/22/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
As Slump Hits Home, Cities Downsize Their Ambitions
Wall Street Journal 12/26/2009
Mesa's Mayor on How City Government Is Changing
Wall Street Journal 12/25/2009
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Wall Street Journal 02/02/2012
Rise in Phoenix Housing Shows Path for Other Cities
Wall Street Journal 03/13/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Minneapolis’s Less Visible, and More Troubled, Side
New York Times 01/10/2016
Minnesota Shutdown Continues; GOP Meets at Capitol
Wall Street Journal 07/05/2011
Deal Set to End Minnesota Impasse
Wall Street Journal 07/15/2011
Wall Street Journal 02/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Some See Biden’s ‘Third World’ Description of La Guardia as Too Kind
New York Times 02/07/2014
Troubled Outlook for New York City Economy Turns a Lot Grimmer
New York Times 03/18/2008
This Time, Slump Hits Well-Educated, Too
New York Times 04/05/2009
For New York’s Newly Jobless, $430 Doesn’t Go Far
New York Times 04/19/2009
Job Losses Show Wider Racial Gap in New York
New York Times 07/13/2009
Grouped Articles
Cities Adapt With Mixed Results
Wall Street Journal 09/27/2011
A Splash of Green for the Rust Belt
New York Times 11/02/2008
Toledo Rallies to Remain Jeep’s Home
Wall Street Journal 12/19/2014
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
In Ohio, 2 Campaigns Offer a Study in Contrasts
New York Times 11/03/2012
Grouped Articles
San Diego Mayor Building Economic Bridges to Tijuana
New York Times 05/12/2013
The economic performance of cities: Following the sun
Economist 05/16/2013
Rochesterâs Survival Lessons
New York Times 02/02/2012
San Diego's Tough-Love Pension Proposal
BusinessWeek 12/09/2010
Wall Street Journal 02/02/2012
California's Boom Masks State's Uneven Recovery
Wall Street Journal 08/15/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Plunging Oil Prices Test Texas’ Economic Boom
Wall Street Journal 01/05/2015
Oil States’ Budgets Face Crude Awakening
Wall Street Journal 01/13/2015
As the ‘Texas Miracle’ Fades, a Closer Look at Policy
New York Times 06/03/2015
Dallas-Fort Worth Keeps Texas Engine Revving
Wall Street Journal 06/20/2015
New York Times 01/06/2011
Grouped Articles
Wall Street Journal 06/12/2013
Wall Street Journal 12/23/2009
Washington and the Fiscal Crisis of the States
Wall Street Journal 01/08/2010
Fiscal Woes Deepening for Cities, Report Says
New York Times 10/06/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
The Fall of the Midwest Economic Model
Wall Street Journal 08/16/2011
Grouped Articles
Incomes fall in Montgomery and Fairfax counties - The Washington Post
Washington Post 09/22/2011
Washington area jobless rate fell to 5.4 percent in June - The Washington Post
Washington Post 08/02/2012
Why Washington Is Doing So Well
New York Times 08/04/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
A D.C. Neighborhood, a World Away
Wall Street Journal 01/20/2009
Grouped Articles
Wall Street Journal 10/30/2013
Wichita Clings to Airplane Capital Identity
New York Times 01/18/2012
Budget Overhaul Splits Kansas GOP
Wall Street Journal 02/16/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Party Eyes 'Red-State Model' to Drive Republican Revival
Wall Street Journal 02/05/2013
Big government is the new West Coast craze
Washington Post 11/06/2016
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Wall Street Journal 10/30/2013
Port of Oakland Stands Tall in Tough Economy
Wall Street Journal 12/31/2009
New York Times 01/14/2010
Can Jerry Brown Cut California Down to Size?
BusinessWeek 06/02/2010
California Is Stuck in 1st Gear
Wall Street Journal 06/08/2010
The changing situation for Americans of retirement age.
Grouped Articles
Wall Street Journal 09/14/2011
Why Many Retirees Could Outlive a $1 Million Nest Egg
New York Times 06/08/2013
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/2010
Takeaways From the Monthly Jobs Report
Wall Street Journal 04/05/2014
Wall Street Journal 08/12/2014
The University of Texas professor on the American middle class, the supercommittee on deficit reduction and the minimum wage.
Grouped Articles
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
Americaâs Sinking Middle Class
New York Times 09/18/2013
New York Times 12/01/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
Tom Keene Talks to James K. Galbraith
BusinessWeek 11/23/2011
About 30,000 of the 43,000 employees at Apple's U.S. operations are hourly workers. Most are in their early twenties paid about $12 an hour with health care benefits. Their is no career path for most workers and most leave after a couple of years for other work.
Grouped Articles
Wall Street Journal 05/29/2010
Wall Street Journal 01/06/2012
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
Apple Says App Store Sales Rose 50% in 2014
Wall Street Journal 01/09/2015
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell
New York Times 03/06/2015
Grouped Articles
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
Job Growth Fails to Help Paychecks of Workers
New York Times 01/09/2015
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
Grouped Articles
Does America Need Manufacturing?
New York Times 08/24/2011
Whirlpool Shifts Some Production to U.S. From Mexico
Wall Street Journal 12/20/2013
Wall Street Journal 10/02/2010
Wall Street Journal 01/06/2012
U.S. Productivity Growth Has Taken a Dive
Wall Street Journal 02/04/2014
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
The prospects of recovery in the housing market, regional differences, and the uncertainty arising from changes that are occurring in the American economy. The changes range from consumer frugality, lower levels of consumer spending, aging of the population, and uncertainty about economic growth.
Grouped Articles
Wall Street Journal 05/02/2013
The economic performance of cities: Following the sun
Economist 05/16/2013
Home Prices Rise, Producing a Buying Mood
New York Times 05/28/2013
Housing Recovery Increasingly Prices Out First-Time Buyers
Wall Street Journal 07/22/2013
Economic Casualties: 'Missing Households'
Wall Street Journal 07/22/2013
Why the Housing Market Is Still Stalling the Economy
New York Times 04/24/2014
Grouped Articles
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Baltimore Riots Are Another Scar on a City Long Battered by Neglect
New York Times 04/28/2015
Top Washington business stories of 2009
Washington Post 01/04/2010
For 2010 economy, glass is half empty and half full
Washington Post 01/04/2010
Fiscal Woes Deepening for Cities, Report Says
New York Times 10/06/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Perry criticizes government while Texas job growth benefits from it - The Washington Post
Washington Post 08/21/2011
Plunging Oil Prices Test Texas’ Economic Boom
Wall Street Journal 01/05/2015
Oil States’ Budgets Face Crude Awakening
Wall Street Journal 01/13/2015
As the ‘Texas Miracle’ Fades, a Closer Look at Policy
New York Times 06/03/2015
In Downtown Austin, a Wave of Construction
New York Times 08/14/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
New York Times 01/14/2010
Economy Faces a Long Road to Recovery
Wall Street Journal 02/11/2010
Can Jerry Brown Cut California Down to Size?
BusinessWeek 06/02/2010
California Is Stuck in 1st Gear
Wall Street Journal 06/08/2010
California's Building Bust Choking Off Jobs
Wall Street Journal 07/29/2010
Grouped Articles
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
In Dalton, Ga., Carpet Capital of the World, Job Losses Force Recalibration
New York Times 08/20/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Wall Street Journal 10/30/2013
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Stephen Moore: Why the Rest of Michigan Isn't Singing the Motown Blues
Wall Street Journal 02/02/2014
GM to Invest $877 Million to Upgrade Flint, Mich., Truck Factory
Wall Street Journal 08/05/2015
President Obama clears way for federal aid in Flint, Mich., water crisis - The Washington Post
Washington Post 01/17/2016
Hillary Clinton just seized the political moment on Flint, Mich. - The Washington Post
Washington Post 01/18/2016
Grouped Articles
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Wall Street Journal 10/05/2011
Wall Street Journal 02/02/2012
Washington area jobless rate fell to 5.4 percent in June - The Washington Post
Washington Post 08/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Behind Affluent Image, Connecticut Faces Economic Pain
New York Times 06/29/2011
Wall Street Journal 02/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Las Vegas Faces Its Deepest Slide Since the 1940s
New York Times 10/02/2010
Green Shoots Sprout In Las Vegas Desert
Wall Street Journal 09/19/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Democratic Dream of Two Blue Coasts? Clinton Is in Striking Distance
The New York Times 08/25/2016
Grouped Articles
Stephen Moore: Why the Rest of Michigan Isn't Singing the Motown Blues
Wall Street Journal 02/02/2014
Michiganâs Decade of Tarnish Seen in Census Report
New York Times 12/22/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Lasting Budget Fix Sought in Michigan
Wall Street Journal 02/17/2011
Michigan Governor Tells Cities to Tighten Belts
Wall Street Journal 03/04/2011
States Weigh Reductions in Benefits For Unemployed; Rising Costs Cited - The Washington Post
Washington Post 03/25/2011
Grouped Articles
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Mississippi’s Recovery After Katrina Holds Lessons for Policy Makers
New York Times 08/28/2015
State Tests Limits of Spending Cuts
Wall Street Journal 11/22/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Wall Street Journal 02/02/2012
New rules expose bigger funding gaps for public pensions - The Washington Post
Washington Post 08/17/2012
Grouped Articles
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Oil States’ Budgets Face Crude Awakening
Wall Street Journal 01/13/2015
Wall Street Journal 11/02/2011
Wall Street Journal 02/02/2012
North Dakota’s booming economy gives the political dynamic a rarefied air - The Washington Post
Washington Post 07/08/2012
In North Dakota, the gritty side of an oil boom - The Washington Post
Washington Post 07/19/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Wall Street Journal 06/21/2011
Wall Street Journal 02/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Auto Suppliers Face an Uncertain Life After Nummi
Wall Street Journal 12/24/2009
Cal's Reich on the Local Economy -- And His Own Struggles Navigating It
Wall Street Journal 12/24/2009
Recession Helps Empty the Region's Office Space
Wall Street Journal 12/24/2009
New York Times 01/14/2010
Economy Faces a Long Road to Recovery
Wall Street Journal 02/11/2010
Grouped Articles
In Tucson, Finding a Game to Replace Spring Training
New York Times 01/28/2012
Wall Street Journal 02/02/2012
Rise in Phoenix Housing Shows Path for Other Cities
Wall Street Journal 03/13/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
Wall Street Journal 11/10/2010
Wall Street Journal 02/02/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Defeat of Auto Union in Tennessee Casts Its Strategy Into Doubt
New York Times 02/15/2014
Wall Street Journal 07/15/2014
Volkswagen to Invest $900 Million in U.S. Plant
Wall Street Journal 07/15/2014
Volkswagen to Add S.U.V. Line to Chattanooga Plant
New York Times 07/14/2014
Chattanooga Reinvents Itself, at Its Own Pace
Wall Street Journal 04/17/2012
Regional unemployment trends show high unemployment in the South and West in 2011. At the same time as a recovery takes shape in parts of the North, East and Midwestern states. Of the top four states with the highest unemployment, three were in the West and South- Nevada, California and S. Carolina. Of the top ten six are in the West and the South.
Grouped Articles
Perry criticizes government while Texas job growth benefits from it - The Washington Post
Washington Post 08/21/2011
The Next First (and Only) 100 Days
New York Times 12/10/2011
Jobless Rate Up in Most States
Wall Street Journal 08/20/2013
Hiring Slowdown Blurs Growth View
Wall Street Journal 01/20/2014
Unrelenting Downturn Is Redrawing Americaâs Economic Map
New York Times 09/26/2011
Strong ADP Jobs Gain Needs Grain of Salt
Wall Street Journal 01/05/2012
Linked Articles
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
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