World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
A Part-Time, Low-Wage Epidemic
Keywords:
Some startling statistics on U.S. wages and incomes and the increase of part-time workers, by the publisher of U.S. News and World Report, Mortimer Zuckerman. He cites the Pew Research Center reports that show one third of Americans identifying themeselves as lower class or lower middle class compared to one quarter before 2008. This affects social mobility with the increasing gaps in incomes, education and social behaviour acting to reinforce each other and leading to even lower future mobility. Industries that are showing growth are in low wage occupations. The Bureau of Labor Statistics shows growth in future in industries noted for low wage part time work- health care, social assistance and retail, with some jobs lacking minimum wage and overtime protections. Revealing in this respect is that in the last 2 years fully 43% of net employment growth is in the 1.7 million jobs added in low wage work in food service, retail and employment services industries. The number of Americans working full time declined by 5.9 million since Sept 2007, part time workers increased by 2.6 million. The effects of higher part time workers and job recovery predominantly in lower wage industries is likely to affect consumer spending and slow growth.
Retail stores and the shift to part-time employment in the U.S.- 2010-2013
02/24/2011
Grouped Articles
A Part-Time Life, as Hours Shrink and Shift for American Workers
New York Times 10/27/2012
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
A U.S. Recovery Built on Low-Paying Jobs
BusinessWeek 02/24/2011
The shift to part-time workers, lower incomes and the U.S. unemployment rate- 2008 -2014
03/08/2008
Grouped Articles
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
Wall Street Journal 08/12/2013
Wall Street Journal 09/17/2010
Confronting Old Problem May Require a New Deal
New York Times 01/28/2014
Consumer spending and the shift to lower paying and parttime jobs in the U.S. - 2010-2014
01/06/2009
Grouped Articles
Wealth Tide Doesn't Lift All Boats
Wall Street Journal 12/10/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
Elevated Level of Part-Time Employment: Post-Recession Norm?
Wall Street Journal 11/13/2014
Americans Pocketing What They Save on Gas, Retail Data Suggests
New York Times 01/14/2015
American manufacturing and the severe decline after the financial crisis of 2008.
01/20/2008
Grouped Articles
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
Economy Falling Years Behind Full Speed
New York Times 04/07/2009
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Economist 10/01/2009
Economist 10/01/2009
Comparitive advantage, free trade, jobs and the role of manufacturing in the U.S.
07/01/2010
Grouped Articles
Does America Need Manufacturing?
New York Times 08/24/2011
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
The strike at Caterpillar's Joliet, Illinois plant, its Canadian plant and efforts to improve U.S. manufacturing competitiveness
01/19/2011
Grouped Articles
Whirlpool Shifts Some Production to U.S. From Mexico
Wall Street Journal 12/20/2013
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/2015
Caterpillar Union Bows to Demands
Wall Street Journal 08/18/2012
Wall Street Journal 01/06/2012
New York Times 09/26/2011
Employees and wages at Apple's retail stores
05/29/2010
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
Poverty among white Americans in 2010-2015
03/11/2009
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
Decline in household income in the U.S. 2009-2012
09/17/2010
Grouped Articles
Wall Street Journal 09/14/2011
Wall Street Journal 09/17/2010
Wall Street Journal 02/02/2012
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
Recession Officially Over, U.S. Incomes Kept Falling
New York Times 10/09/2011
Household debt, income and savings in the U.S.- 2010-2015
02/05/2008
Grouped Articles
Wall Street Journal 02/02/2012
An Ambiguous Omen, U.S. Household Debt Begins to Rise Again
New York Times 02/18/2014
Economy Fitful, Americans Start to Pay as They Go
New York Times 02/05/2008
Deleveraging: It's Not Over Till It's Over
Wall Street Journal 03/11/2009
Wall Street Journal 04/04/2009
How Righteousness Killed the World Economy
New York Times 10/12/2014
Large income losses for people ages 55-64 and nearing retirement in the U.S.
05/27/2010
Grouped Articles
Wall Street Journal 09/14/2011
Why Many Retirees Could Outlive a $1 Million Nest Egg
New York Times 06/08/2013
Suddenly, Retiree Nest Eggs Look More Fragile
New York Times 06/15/2013
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/2010
The Case for Dividend Funds in Retirement
Wall Street Journal 04/15/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
Reversing the decline in U.S. median household income
09/17/2010
Grouped Articles
Wall Street Journal 09/14/2011
Wall Street Journal 09/17/2010
Wall Street Journal 02/02/2012
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
Letâs Admit It: Globalization Has Losers
New York Times 10/15/2011
No Money for a Living Wage? But Fat Abounds
New York Times 11/29/2011
Increasing disparity in incomes, higher inequality and the middle class.
01/03/2010
The situation in the US, Germany, Britain, China, India, Brazil and other countries.
Grouped Articles
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
New York Times 09/12/2013
German elections pit Merkel, challenger over poverty problems - The Washington Post
Washington Post 09/17/2013
Americaâs Sinking Middle Class
New York Times 09/18/2013
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
Increasing U.S. taxes on the middle class
04/12/2009
The Wall Street Journal points to the facts that Warren Buffett does not cover in his plea for higher taxes on billionaires like himself who paid only 17% in taxes in 2010. Buffett made most of his income in capital gains and dividends that are taxed at 15%. That income was already taxed at 35% as corporate income and the 15% on top of that brings the total tax to about 45%. Buffett could write the IRS a check or support taking away the deduction for charitable contributions which is how Buffett contributes to his foundations. For most of the middle class couples making $250,000 for a few years of their life- and much of it going to high university tution payments for kids- the higher taxes make a difference compared to the Buffetts of the world. This is part of the debate on taxes in the U.S. at the time of the fiscal cliff negotiations in Dec. 2012.
Grouped Articles
Americaâs Sinking Middle Class
New York Times 09/18/2013
New York Times 04/12/2009
Wall Street Journal 08/17/2011
Wall Street Journal 08/17/2011
A Disciplined and Driven 'Connect-the-Dots' Investor
Wall Street Journal 09/14/2011
Wall Street Journal 09/14/2011
Krugman on student financial aid in the U.S. and the lack of education mobility for the middle class
01/28/2009
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
The Great Stagnation in American Education
New York Times 09/07/2013
Americaâs Sinking Middle Class
New York Times 09/18/2013
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
Hispanics, other minorities and upward mobility in the U.S.- 2000-2015
01/05/2009
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
New Data Muddle Debate on Economic Mobility
Wall Street Journal 01/24/2014
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
No longer the land of opportunity - The Washington Post
Washington Post 01/05/2012
Crony Capitalism and the Crisis of the West
Wall Street Journal 06/06/2012
Benjamin Friedman on high unemployment, income gaps and higher inequality, and the consequences for the social fabric of America
08/06/2010
Grouped Articles
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
New York Times 09/12/2013
The Economy Needs a Bit of Ingenuity
New York Times 08/06/2010
A Look at the Global One Percent
Wall Street Journal 03/09/2012
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
Inequality, the middle class and economic growth
01/15/2011
Grouped Articles
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Americaâs Sinking Middle Class
New York Times 09/18/2013
New York Times 12/15/2013
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
Bad Stock-Market Timing Fueled Wealth Disparity
Wall Street Journal 10/27/2014
In State of the Union, Obama Makes Middle-Class Pitch
Wall Street Journal 01/21/2015
Inequality- high school droput rates and wages in New York City
01/15/2011
Grouped Articles
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
New York Times 09/12/2013
Bloomberg's Real Antipoverty Record
Wall Street Journal 12/18/2013
Immigration Remakes and Sustains New York, Report Finds
New York Times 12/18/2013
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
Outside the Spotlight, Bill de Blasio Wages a War on Inequality
New York Times 01/08/2015
Pay for Retail Workers in the U.S.
01/16/2012
A new study shows median pay for retail workers in the U.S. is $9.50. Most have no health insurance or other benefits.
Grouped Articles
Study Offers a Look at New York's Retail Workers
New York Times 01/16/2012
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
Washington Post 07/04/2018
Consumer Spending in the U.S. in 2010-2013
01/06/2009
Grouped Articles
Wall Street Journal 04/18/2013
BusinessWeek 07/29/2010
Wealth Tide Doesn't Lift All Boats
Wall Street Journal 12/10/2013
Deleveraging: It's Not Over Till It's Over
Wall Street Journal 03/11/2009
How Righteousness Killed the World Economy
New York Times 10/12/2014
An Ambiguous Omen, U.S. Household Debt Begins to Rise Again
New York Times 02/18/2014
U.S. consumer spending and spending on services 2011-2013
01/06/2009
Grouped Articles
Wall Street Journal 04/18/2013
BusinessWeek 07/29/2010
Wealth Tide Doesn't Lift All Boats
Wall Street Journal 12/10/2013
Holding Off on a Haircut to Buy a New Car
Wall Street Journal 11/25/2011
Wall Street Journal 12/12/2011
Wall Street Journal 04/16/2012
Consumer Spending into recession 2008
01/29/2008
Consumer Spending ingeneral and for certain industries as USA enters a recession in 2008.
Grouped Articles
TV Makers Aren't Turned Off by Slump
Wall Street Journal 01/29/2008
P&G Investors Need a Little Pampering
Wall Street Journal 04/30/2009
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
Shifts in customer buying habits in the U.S. auto industry that hurt GM, Ford and Chrysler in 2008-2009
04/12/2006
Shifts away from larger vehicles in the American auto industry. A significant shift was underway in the US auto industry by the middle of 2008 towards fuel efficient automobiles as gasoline prices went over $4.00 per gallon, and consumer net worth declined significantly with decline in housing and stock prices causing cuts in spending. The situation in 2008-2009 before the government led bailout and the planned bankruptcies of GM and Chrysler.
Grouped Articles
Ford Clips Toyota's Wings in California
Wall Street Journal 07/17/2013
Ford Remakes F-150, the Nation’s No. 1 Vehicle
New York Times 01/13/2014
Chrysler’s Fall May Help Administration Reshape G.M.
New York Times 05/03/2009
Why Gas Feels Cheap—and Why It’s Not, Historically Speaking
Wall Street Journal 01/04/2015
Ford and Chrysler Unveil Their Redesigned Pickups
New York Times 01/14/2008
Collapse in Demand For Large SUVs Leaves Owners in a Bind
Wall Street Journal 06/02/2008
China's Frugal Consumer
01/04/2010
Grouped Articles
Why the Chinese don’t spend : The New Yorker
New Yorker 01/04/2010
China Aims to Transform a Nation of Savers Into Spenders
Wall Street Journal 01/07/2010
Gadget Giant's Evolution: Make, Then Sell
Wall Street Journal 08/21/2010
U.S. poverty rate reaches 15.1 percent - The Washington Post
Washington Post 09/13/2011
Wall Street Journal 10/04/2011
Shoppers S-t-r-e-t-c-h Their Dollars: Stick to Lists, Shun the Brand Names
Wall Street Journal 10/04/2011
Wal-mart, the economy post 2008, and the Frugal Consumer.
08/29/2007
Grouped Articles
Target Bets Credit Discount Will Lead to More Visits
Wall Street Journal 06/22/2010
Philips's CEO Urges Local Strategies for Emerging Markets
Wall Street Journal 08/30/2010
Hispanics' Hard Times Hit Wal-Mart
Wall Street Journal 08/29/2007
Workers Get Fewer Hours, Deepening the Downturn
New York Times 04/18/2008
Pharmacies Fight Tough Battle on Generic Prices
Wall Street Journal 12/22/2008
Wal-Mart, Others See Tough Months Ahead; December Same-Store Sales Disappoint
Wall Street Journal 01/09/2009
Analysis of the 2010 US midterm election
11/21/2010
The divide between those without a college degree and the highly educated, between the densely populated areas and the less densely populated areas, the two coasts and the midwest.
Grouped Articles
Political divide between coasts and Midwest deepening, midterm election analysis shows
Washington Post 11/21/2010
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
Unemployment and partime unemployment in the U.S. economy 2008 and beyond.
04/18/2008
How unemployment is shaping up and how the underutilization rate and partime employment is changing the picture of employment in the USA.
Grouped Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Workers Get Fewer Hours, Deepening the Downturn
New York Times 04/18/2008
Many Hispanics Are Hit Hard by Economic Slump
New York Times 05/13/2008
A Hidden Toll on Employment: Cut to Part Time
New York Times 07/31/2008
Retail Losses Sap a Jobs Safety Net
Wall Street Journal 11/11/2008
Labor Data Show Pain Across Economy
Wall Street Journal 11/08/2008
The shrinking U.S. middle class and what this may mean for consumption in the years ahead.
02/26/2008
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
Wages, benefits and productivity in U.S. manufacturing 2005-2015
01/01/2010
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
Amy Goldstein on life and work in U.S. communities with a eroding manufacturing base such as Janesville, Wisconsin
04/07/2009
Grouped Articles
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
New York Times 02/08/2012
Economy Falling Years Behind Full Speed
New York Times 04/07/2009
U.S. manufacturing 2010-2015
04/07/2009
Grouped Articles
Does America Need Manufacturing?
New York Times 08/24/2011
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Whirlpool Shifts Some Production to U.S. From Mexico
Wall Street Journal 12/20/2013
Wall Street Journal 10/02/2010
Economy Falling Years Behind Full Speed
New York Times 04/07/2009
Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
The special role of manufacturing in keeping the U.S. economy strong.
07/01/2010
Grouped Articles
Does America Need Manufacturing?
New York Times 08/24/2011
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
Strong Dollar Stands in Manufacturing Sector’s Way
Wall Street Journal 03/16/2015
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/2015
High unemployment and declining wages in the U.S.: 2010-2012
01/01/2010
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
The problem of declining wages and rising inflation in the U.S. - 2011-2012
01/01/2010
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
Fragility of social cohesion in the U.S. with unemployment concentrated in the lower middle and working classes.
03/11/2009
Figures from the Center of Labor Market Studies of Northeastern University in Boston showing unemployment of 9% in the $40,000 to $50,000 annual household income group and going up to 31% at the lowest income group. Higher inequality as differences in education between lower income and higher income Americans grows. The problem of the long term unemployed is a serious one.
Grouped Articles
Wall Street Journal 09/14/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
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
The Great Stagnation in American Education
New York Times 09/07/2013
Incomes, and labor force participation rates in the U.S. for seniors over age 75
03/30/2010
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
U.S. Federal Reserve report on the drop in incomes and net worth of American families between 2007-2010
01/02/2009
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
A disappearing U.S. middle class in 2012-2015
01/20/2010
Meyerson, Ignatius and others ask the tough questions about America and the prospects for a future with a disappearing middle class, pointing to the need to structure globalization and build cooperation between workers, management and the government in new constructive ways.
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
New York Times 02/08/2012
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Washington Post 11/22/2014
James Galbraith on the U.S. economy in 2010-2012
01/15/2011
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
The view that the burden of U.S. deficit reduction is falling on the elderly, the poor and the middle class
01/20/2010
Bernie Sanders and other leaders who see this as a problem with the plans for U.S. deficit reduction that are under discussion.
Grouped Articles
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
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
Bernie Sanders’s Revolutionary Roots Were Nurtured in ’60s Vermont
New York Times 07/03/2015
Similarities Aside, Bernie Sanders Isn’t Rerunning Howard Dean’s 2004 Race
New York Times 08/09/2015
Livin’ Bernie Sanders’s Danish Dream
New York Times 02/12/2016
American Capitalism- the lack of social mobility and educational opportunity, and increasing cronyism in 2012
04/15/2009
Grouped Articles
Peterson and Hanushek: The Vital Link of Education and Prosperity
Wall Street Journal 09/11/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
Washington Post 05/23/2014
Uncertainty bedevils the best system
Unknown 04/15/2009
Washington Post 11/01/2014
Big Gap in College Graduation Rates for Rich and Poor, Study Finds
Wall Street Journal 02/05/2015
Inequality, education and economic mobility in the U.S. compared with Western Europe and Canada
01/11/2010
Issues raised by Jeb Bush, Krugman, and people in leadership positions.
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
New York Times 06/22/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
New York Times 09/12/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
The Economy Needs a Bit of Ingenuity
New York Times 08/06/2010
Friedman reviews "Why Nations Fail" by Acemoglu and Robinson
01/15/2011
The need for an inclusive society to generate growth and create opportunities. The failure of societies which concentrate power and many in the hands of a few. The experience of Britain and the U.S. in the modern period of the age of enlightenment and the industrial revolution of the eighteenth and nineteenth centuries compared to the decline in Asia. Similiar views expressed by Adam Smith in his "Wealth of Nations," documenting the changes in Britain in the period from the feudal to the industrial period that brought progressive change and improvement in the lives of the people. The lessons for today in a period of increasing inequality in the U.S. and China, are self-evident.
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
New York Times 09/12/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
Bad Stock-Market Timing Fueled Wealth Disparity
Wall Street Journal 10/27/2014
Income Inequality Is Costing the U.S. on Social Issues
New York Times 04/28/2015
Inequality in America in 2010-2014
12/06/2008
Grouped Articles
New York Times 09/12/2013
The Economy Needs a Bit of Ingenuity
New York Times 08/06/2010
New York Times 12/15/2013
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
Bad Stock-Market Timing Fueled Wealth Disparity
Wall Street Journal 10/27/2014
Outside the Spotlight, Bill de Blasio Wages a War on Inequality
New York Times 01/08/2015
Krugman and Stiglitz on Occupy Wall Street and inequality in America
04/01/2009
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
New York Times 09/12/2013
New York Times 12/15/2013
Geithner's Plan: Loopholes Galore
BusinessWeek 04/01/2009
New York Times 04/01/2009
Officials Cast Wide Net in Monitoring Occupy Protests
New York Times 05/22/2014
Frugality at the retail level- and competition in pricing.
10/06/2009
Grouped Articles
Target Bets Credit Discount Will Lead to More Visits
Wall Street Journal 06/22/2010
BusinessWeek 07/29/2010
Shoppers Still Stick To Payday Purchases
Wall Street Journal 08/30/2010
Philips's CEO Urges Local Strategies for Emerging Markets
Wall Street Journal 08/30/2010
Wal-Mart Sharpens Its Pricing Pincers
Wall Street Journal 10/06/2009
Spendthrift to Penny Pincher: A Vision of the New Consumer
Wall Street Journal 12/18/2009
Analysis by The Economist and other expert opinion in 2010 of the economic prospects for Europe and the U.S.
01/11/2010
The Economist looks at the near term trends- unemployment not down as much in Britain in August and consumer spending holding up in Britain- as evidence a recovery is looming. And it cites the Suppy Managment Index up slightly in the US. Most other experts see a difficult situation in 2011 as the stimulus fades and local governments cut back- economists such as Stiglitz, Shiller, Krugman, Feldstein and others, and businessmen like Malone.
Grouped Articles
Brazil's north-east: Catching up in a hurry
Economist 05/21/2011
Wall Street Journal 04/26/2015
The world economy: The odd decouple
Economist 09/04/2010
The U.S. Economy: Stuck in Neutral
BusinessWeek 10/14/2010
BusinessWeek 10/14/2010
America's economy: Not by monetary policy alone
Economist 10/28/2010
The highly artificial nature of disposable income in the U.S. in 2010-2012
01/06/2009
One analyst calls it a dangerous aneuyrism. The U.S. consumer came out of the 2008 financial crisis with low savings and high debt. The additional consumer spending that is occurring in 2011 is coming from continued spending at high debt levels and is not sustainable according to experts.
Grouped Articles
Deleveraging: It's Not Over Till It's Over
Wall Street Journal 03/11/2009
BusinessWeek 02/17/2011
Families Slice Debt to Lowest in 6 Years
Wall Street Journal 03/11/2011
A U.S. Recovery Built on Low-Paying Jobs
BusinessWeek 02/24/2011
Wall Street Journal 03/17/2011
Income Data Reflect Recovery's Fitful Path
Wall Street Journal 03/24/2011
The American Consumer in 2010-2013
07/29/2010
Spending habits in the post 2008 crisis period with a gradual recovery in spending but not enough of a recovery. And some erratic patterns in consumer behaviour of cost cutting on basic consumer goods and splurging on electronics and other goods.
Grouped Articles
Wall Street Journal 04/18/2013
BusinessWeek 07/29/2010
Tech Gadgets Steal Sales From Appliances, Clothes
Wall Street Journal 08/03/2010
Another Threat to Economy: Boomers Cutting Back
Wall Street Journal 08/16/2010
Battered, Bargain-Hungry Buyers Keep Retail Sales Weak
Wall Street Journal 08/14/2010
Retailers Are Sold on Frugality
Wall Street Journal 08/18/2010
In the U.S. a new frugality takes hold.
01/06/2009
Consumer buying habits in 2009 as job losses and foreclosures take their toll, shifts to frugality and more use of debit cards.
Grouped Articles
Target Bets Credit Discount Will Lead to More Visits
Wall Street Journal 06/22/2010
Shoppers Still Stick To Payday Purchases
Wall Street Journal 08/30/2010
Philips's CEO Urges Local Strategies for Emerging Markets
Wall Street Journal 08/30/2010
P&G Investors Need a Little Pampering
Wall Street Journal 04/30/2009
Debit-Card Use Overtakes Credit
Wall Street Journal 04/30/2009
Frugal Shoppers Drive Grocers Back to Basics
Wall Street Journal 06/24/2009
P&G (Procter & Gamble) and the frugal U.S. consumer
01/06/2009
Grouped Articles
Rinse and Repeat Could Clean Up P&G
Wall Street Journal 05/24/2013
P&G to Cut Package Sizes for Diapers
Wall Street Journal 09/08/2013
BusinessWeek 07/29/2010
Shoppers Still Stick To Payday Purchases
Wall Street Journal 08/30/2010
A Tale of Two Shoppers: Life During the Slowdown
Wall Street Journal 09/12/2011
U.S. poverty rate reaches 15.1 percent - The Washington Post
Washington Post 09/13/2011
Competitiveness of U.S. states in the midwest with states in the south 2011-2014
05/21/2012
Grouped Articles
Wall Street Journal 05/21/2012
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
Caterpillar Union Bows to Demands
Wall Street Journal 08/18/2012
Cheap Natural Gas Gives New Hope to the Rust Belt
Wall Street Journal 10/24/2012
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
The Rise and Fall of the Midwest Economic Model of large companies and strong unions in the U.S.
01/04/2009
Michael Barone describes the Southern U.S. model that made major gains in factories and jobs as the Midwest Economic Model of large companies and powerful trade unions declined in the last two decades.
Grouped Articles
Wall Street Journal 06/12/2013
Stephen Moore: Why the Rest of Michigan Isn't Singing the Motown Blues
Wall Street Journal 02/02/2014
Concessions Foreshadow a Tough Year for Unions
Wall Street Journal 01/04/2009
U.A.W. Deal With Ford Cuts Hourly Rate to $55
New York Times 03/12/2009
Unions Suffer Latest Defeat in Midwest With Signing of Wisconsin Measure
New York Times 03/09/2015
The Fall of the Midwest Economic Model
Wall Street Journal 08/16/2011
The part-time low wage jobs generated by the American economy in recent years, especially since 2008
11/06/2012
The biggest challenge facing the American economy is high unemployment and the lack of well paying jobs that formed the core job base of the middle class. Jobs generated since 2008 are largely low wage part-time work in retail and related industries. Wages have also fallen sharply in manufacturing industries as the U.S. competes with Asian manufacturers.
Linked Articles
New York Times 11/07/2012
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
The case for increasing the minimum wage (2) Zuckerman and Census Bureau statistics
09/20/2012
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
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us