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The Insecure American
Keywords:
Krugman points to some striking data in a U.S. Federal Reserve study, showing 47% of Americans do not have the money to meet an unexpected expense of $400 without selling something they own or borrowing. The is the 2nd year of this Federal Reserve study. It shows alarming information about the condition of retirement savings- about 30% of nonelderly Americans say they have no retirement savings or pension, and reported going without some kind of medical care because they could not handle the expense. About 25% say they or a family member experienced financial hardship this year.
Krugman on Ohio Governor Kasich's efforts to aid the unemployed and people in poverty in 2013
10/31/2013
Krugman quotes Kasich, Ohio's Republican Governor: "I am concerned about the fact that there is a war on the poor. That somehow someone who is unemployed is shiftless and lazy."
Grouped Articles
New York Times 10/31/2013
New York Times 05/29/2015
John Kasich, Ohio’s Republican Rebel, Nears Run for President
New York Times 06/16/2015
Then There Were 16: John Kasich to Enter GOP Fray
Wall Street Journal 07/21/2015
Meet the Candidate: John Kasich
Wall Street Journal 07/21/2015
Wall Street Journal 07/22/2015
Deep Poverty in the U.S. increasing from about 30% of people in poverty in 1975 to 44% in 2013
09/17/2010
Deep poverty is defined as income 50% below the official poverty line. Since the beginning of the recession deep poverty in the U.S. has increased from 42% to 44%. The striking change in America is the accentuation of the income differences with the rise in deep poverty. This is coupled with similiar changes in income differences for the middle class Americans with income concentrated at the higher levels.
Grouped Articles
Wall Street Journal 10/11/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
Bloomberg's Real Antipoverty Record
Wall Street Journal 12/18/2013
Wall Street Journal 09/17/2010
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
U.S. poverty and moral arguments
10/31/2010
Do the poor deserve to be poor because they are indolent and lazy or are their many kinds of poor, some indolent and lazy just like some indolent and lazy wealthy. And in our society should there be opportunities for all. Are some poor doing everything including hard work and good habits but having one or two events push them below the poverty line because of unexpected bills, medical emergency, or some bad event outside their control? These are the moral arguments on different sides. Beyond this there are children, and is a fair society going to make opportunities available to all children of all classes? Egan takes up the issue of a U.S. Congress that employs a certain kind of moral argument for cutting off food stamps and unemployment benefits to the poor.
Grouped Articles
New York Times 12/19/2013
New York Times 10/31/2010
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
New York Times 05/04/2015
New York Times 05/29/2015
Wall Street Journal 09/17/2015
Increasing disparities in income in major U.S. urban areas in 2009-2013
01/20/2009
High unemployment and poverty in major urban areas of the US including Washington D.C. This is especially true for those without a college education.
Grouped Articles
New York Times 06/22/2013
The Great Stagnation in American Education
New York Times 09/07/2013
Peterson and Hanushek: The Vital Link of Education and Prosperity
Wall Street Journal 09/11/2013
Wall Street Journal 10/11/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
U.S. Federal Reserve chairwoman Yellen on extreme inequality in the U.S. and how it reduces the economic mobility that aids recovery
10/16/2014
The Fed chairman tells a Boston Fed conference on inequality that it is fair to ask whether equal opportunity on which Americans place importance is not a part of core American values.
Grouped Articles
Fed’s Yellen Says Extreme Inequality Could Be Un-American
Wall Street Journal 10/17/2014
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
How Quantitative Easing Contributed to the Nation's Inequality Problem
New York Times 10/22/2014
Yellen Goes on Road to Investigate Health of the Jobs Market
New York Times 10/16/2014
Yellen’s First Year at Fed: A Remarkably Steady Course
New York Times 12/22/2014
Income Inequality Is Costing the U.S. on Social Issues
New York Times 04/28/2015
Krugman on poverty and hardship in America in 2015
05/29/2015
Krugman cites a Federal Reserve survey that shows 47% of people saying they could not meet an unexpected $400 expense without borrowing or suffering economic hardship.
Grouped Articles
New York Times 05/29/2015
The I-Word Our Debates Are Missing
Wall Street Journal 12/10/2015
The Millions of Americans Donald Trump and Hillary Clinton Barely Mention: The Poor
The New York Times 08/11/2016
The New York Times 08/12/2016
Apple must now pay its taxes. This is a vindication of protest | Owen Jones
The Guardian 08/30/2016
Struggling to Serve at the Nation’s Richest University
The New York Times 10/24/2016
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
Tackling middle class poverty in the U.S.- causes and strategies
03/11/2009
Shrinking incomes, low job growth, growth in temporary jobs, offshoring of jobs, are part of a trend since 1989. This is compounded by acceleration of developments during the last decade of low savings and paltry return on savings, effects on net worth of the financial crisis of 2008 through job losses, lost income, foreclosures, high cost of health care and college tution for children. The combination is creating a new kind of middle class poverty in the U.S. The Obama administration has pushed for college education even as it is becoming less affordable and neglected jobs training. The push to raise the minimum wage helps the poor but does not do as much for the middle class.
Grouped Articles
Wall Street Journal 09/14/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
8 States to Raise Minimum Wage
New York Times 12/23/2011
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
New York Times 02/10/2010
Food stamps programs for the poor and political parties in the U.S.
02/10/2010
Grouped Articles
New York Times 07/14/2013
New York Times 02/10/2010
New York Times 05/29/2015
The lost sense of moral purpose in the Obama presidency (4)
10/17/2014
Linked Articles
Fed’s Yellen Says Extreme Inequality Could Be Un-American
Wall Street Journal 10/17/2014
New York Times 05/29/2015
The lost sense of moral purpose in the Obma presidency (4)
10/22/2014
Linked Articles
New York Times 05/29/2015
How Quantitative Easing Contributed to the Nation's Inequality Problem
New York Times 10/22/2014
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