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A co-founder of Silver Lake and vice chairman of the Brookings Instituion describes the financial fragility of American households. He points out the economic insecurity of Americans as the country faces challenges overseas and risk of terrorism.
Grouped Articles
The I-Word Our Debates Are Missing
Wall Street Journal 12/10/2015
The median income in the U.S. was 6.5% below the level in 2007, according to the Census Bureau. It declined in 2011 and 2012 and was stagnant in 2014. About 14.8% of the population, or 46.7 million people, are below the poverty level. About 34.7% of the people in the U.S. have experienced income levels below the poverty level for 2 months or more between 2009-2012
Grouped Articles
Wall Street Journal 09/17/2015
A Better Way to Measure Poverty
Wall Street Journal 10/19/2015
The fatal trend among white working class Americans - The Washington Post
Washington Post 11/12/2015
The I-Word Our Debates Are Missing
Wall Street Journal 12/10/2015
A Republican Cure for Liberal Failures on Poverty
Wall Street Journal 01/10/2016
Apple should repay Ireland 13bn euros, European Commission rules - BBC News
BBC News 08/30/2016
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
Grouped Articles
Invisible Child: Dasaniâs Homeless Life
New York Times 12/08/2013
Amid Repressed Hopes, Reasons to Dream
New York Times 12/12/2013
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
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
13 Who Defeated Adversity Earn New York Times College Scholarships
New York Times 03/11/2015
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
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
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
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