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
Obama’s Trickle-Up Economics
Krugman points out the gains on three fronts evident from the Census Bureau report of 5.2% gain in median income of households in the U.S. He says the first is the growth in incomes of ordinary working class and middle class families, second the large decline in the poverty rate, and third the further rise in insurance coverage in 2015 for people without health insurance. He points to the steady efforts of the Obama administration to improve lives of ordinary families as working based on the Census report though results have taken time, and could have been better. The Stimulus, says Krugman could have been larger following the blow of the 2009 financial crisis and increased unemployment at the time. Janet Yellen at the inequality conference of the Boston Fed in 2014 pointed out the problems of 62 million households having net worth of about $10,000, and why this was running against the American idea of a better life for all Americans. In that sense the Census report is a movement in the right direction but a lot remains to be done.
Black people and the Obama presidency
11/05/2008
A sense that incomes fell, job losses increased and foreclosures on homes increased for black people under the Obama presidency. The same is true for the white middle class and for other minorities. Suggesting that policies that improve the economy and conditions for all middle class and working class Americans is the best hope for all minorities.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04/28/2013
What would MLK say to President Obama? - The Washington Post
Washington Post 08/28/2011
Uneven Election Success for Black Politicians
Wall Street Journal 08/28/2013
Obama, Empathy and the Midterms
New York Times 09/25/2010
A Time to Reap for Foot Soldiers of Civil Rights
New York Times 11/05/2008
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Martin Feldstein on the risks for the American Economy after failures in the Obama Economic plan.
09/12/2007
Failures to address problems on the housing front, especialy the problems for 15 million homeowners under water- see the links to opeds by Feldstein suggesting focus on these issues throughout 2008-2009. And the focus on health care which diverted attention from this problem and the problem facing bad loans in commercial real estate. Other problems are failure to get bank lending up for businesses. And the failure of Obama health care plans to control the increase in the nation's surging health care spending, instead increasing the deficit to unsustainable levels. Public sentiment as shown in WSJ/NBC polls confirm Feldstein's sense of the situation.
Grouped Articles
New York Times 12/08/2013
From President Obama, Economic Clarity but Little Courage
Washington Post 04/15/2009
Wall Street Journal 09/12/2007
How to Stop the Mortgage Crisis
Wall Street Journal 03/07/2008
Wall Street Journal 02/20/2008
Enough With the Interest Rate Cuts
Wall Street Journal 04/15/2008
Jason Furman, chairman of the White House Council of Economic Advisors in U.S. president Obama's second term
05/28/2013
Grouped Articles
Obama to Name Furman To Run Economic Council
Wall Street Journal 05/29/2013
Furman Is Expected to Lead Council of Economic Advisers
New York Times 05/28/2013
Jason Furman Is Named Obamaâs Chief Economic Adviser
New York Times 06/10/2013
Obama to Assert Unilateral Agenda
Wall Street Journal 01/27/2014
In Second Term, Obama Is Seen as Using âHidden Handâ Approach
New York Times 07/15/2013
The New York Times 09/16/2016
Looking back: An assessment of the management of the U.S. economy in Obama's first term 2008-2012
03/11/2009
Why were significant resources not invested to aid homeowners under water just as resources were provided to the auto industry? And why was there a lack of focus on unemployment in this period? The challenges were difficult but did the Obama administration do what could have been done. The auto industry bailout was an easy call considering Obama's commitment to increasing fuel efficiency during his days in Congress. Housing was a tougher call with bankers cautious and influencing policy, yet even Republicans Martin Feldstein and Sheila Bair were calling repeatedly for strong action. Tackling housing first and healthcare later after economic recovery, is likely to have produced better results, credibility for the administration, and a broad consensus in the U.S.
Grouped Articles
Washington Post 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
U.S. Remaining Stake in General Motors
Wall Street Journal 12/10/2013
Auto Makers Rebound as Buyers Go Big
Wall Street Journal 01/04/2014
Charlie Rose Talks to Robert Reich
BusinessWeek 10/21/2010
Obama, Geithner Get Low Grades From Economists
Wall Street Journal 03/11/2009
Krugman on spending in the Reagan period and under president Obama and the different economic conditions inthe 2 periods
06/07/2012
Grouped Articles
New York Times 06/07/2012
The New York Times 09/16/2016
Former President Bill Clinton on the U.S. economy in 2011
11/07/2011
Grouped Articles
A Record of Resilience at Vanguard of American Presidential Politics
New York Times 09/28/2014
âBack to Workâ Has Bill Clintonâs Ideas for Economic America - Review
New York Times 11/07/2011
Wall Street Journal 11/08/2011
Bill Clinton Urges a Second Term for Obama
New York Times 09/06/2012
The New York Times 09/16/2016
Length of U.S. economic expansions 1950-2015, and the forecast for the current expansion beginning in 2009
04/21/2014
Robert Hall, a Stanford economist who heads the NBER committee that studies industrial production, income, employment, retail sales, for turning points in the economy says the current economic expansion shows clear path ahead with increasing corporate earnings. Based on past experience adverse unpredictable shocks happen that end the expansion. Because of how slow this expansion is taking place and Yellen's sense of slack in the economy providing room for employment and incomes to grow, the current expansion has still a lot of life left in it. The Fed forecast is for 90 months into 2016, and the CBO forecast is for 102 months into 2017. Some of the growth in incomes and employment takes place in the late stage as happened in the Reagan expansion in the 1982-90 period.
Grouped Articles
Sluggish Economic Recovery Proves Resilient
Wall Street Journal 04/21/2014
'Secular Stagnation' May Be for Real
Wall Street Journal 08/27/2014
Hillary Got It Right About Growth
Wall Street Journal 06/18/2015
The New York Times 09/16/2016
The Economy’s Hidden Problem: We’re Out of Big Ideas
WSJ 12/06/2016
A Trump Economic Boom? The Fed May Stand in the Way
The New York Times 12/13/2016
2016 U.S. presidential election- matching programs and slogans for improving the life of the middle and working class
08/04/2016
Ultimately politicians have to deliver and you need well planned programs, specifics for action, to build infrastructure, to create jobs, and to increase wages and incomes for people working in the service economy and in manufacturing industries- how this happens as anger is being vented through slogans and the wall itself becomes a metaphor for those left out in the last 2 decades of tech based prosperity, is itself a question in the 2016 U.S. presidential elction.
Grouped Articles
Voices From Donald Trump’s Rallies, Uncensored
The New York Times 08/03/2016
Robust Jobs Report Spurs Fed Watch
WSJ 08/05/2016
Donald Trump, Hillary Clinton Spar Over Economic Proposals
WSJ 08/09/2016
The New York Times 08/12/2016
Trump a Working-Class Hero? A Blue-Collar Town Debates His Credentials
The New York Times 08/26/2016
Apple should repay Ireland 13bn euros, European Commission rules - BBC News
BBC News 08/30/2016
Social and economic mobility for the middle class emerging as the central issue in the 2016 U.S. presidential campaign
09/13/2015
Bernie Sanders and Hillary Clinton in the Demcratic Party, and Jeb Bush in the Republican Party, are making social and economic mobility for the middle and working class a central issue in the 2016 presidential campaign. In Britain Corbyn's election to the leadership of the Labor Party with all other candidates doing poorly, is also creating a focus on economic issues and better access to education and jobs.
Grouped Articles
Sanders, Corbyn and the coming debate inside the Democratic Party - The Washington Post
Washington Post 09/13/2015
New Leader Turns British Labour Party to the Left
New York Times 09/14/2015
Wall Street Journal 09/17/2015
Not There Yet on Equal Opportunity
Wall Street Journal 10/21/2015
America’s white working class is a dying breed - The Washington Post
Washington Post 11/12/2015
The missing working class - The Washington Post
Washington Post 11/12/2015
Efforts to reverse the decline in wages for factory workers in the U.S.- the automobile industry in 2015
09/18/2015
Grouped Articles
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
The CNN Democratic debate transcript, annotated - The Washington Post
Washington Post 10/14/2015
Washington Post 10/23/2015
America’s Inequality Problem: Real Income Gains Are Brief and Hard to Find
The New York Times 09/13/2016
The New York Times 09/16/2016
The impact of declining factory wages on the U.S. middle class 2004-2014
11/20/2014
Grouped Articles
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
Wall Street Journal 09/17/2015
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
Ikea's plan to increase the minimum wage to $10.76 an hour for the U.S. in 2014
06/26/2014
Grouped Articles
Ikea to Increase Minimum Hourly Pay
New York Times 06/26/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04/22/2015
IKEA to Ratchet Up Its Hourly Pay in U.S.
Wall Street Journal 06/25/2015
The New York Times 09/16/2016
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
The minimum wage in the U.S. 2010-2015
11/29/2011
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
The Economist on corporate profits in America and the smaller share of output going to workers- a public debate in the U.S. presidential election of 2016
03/24/2016
Most of the candidates in the 2016 presidential election have emphasized the problems of sluggish wages and lack of upward mobility in the U.S. Here the Economist looks at the situation with a small number of firms reaping the benefits of high profits and a lagging working class. Rising disparities in income and inequality are creating social discontent and voter dissatisfaction with the establishment candidates.
Grouped Articles
Economist 03/24/2016
Apple should repay Ireland 13bn euros, European Commission rules - BBC News
BBC News 08/30/2016
Apple must now pay its taxes. This is a vindication of protest | Owen Jones
The Guardian 08/30/2016
U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007
WSJ 09/13/2016
The New York Times 09/16/2016
Struggling to Serve at the Nation’s Richest University
The New York Times 10/24/2016
Focus on wages, income disparities, rising inequality, and a shrinking middle class in the first Democratic debate, for the U.S. 2016 presidential election
10/14/2015
O'Malley, Sanders and Clinton emphasize this issue in the debate.
Grouped Articles
The CNN Democratic debate transcript, annotated - The Washington Post
Washington Post 10/14/2015
Democrats Say the Economy Stinks
Wall Street Journal 10/15/2015
Clinton, judged winner of debate, holds big national lead over Sanders - The Washington Post
Washington Post 10/20/2015
Not There Yet on Equal Opportunity
Wall Street Journal 10/21/2015
Washington Post 10/23/2015
Paris massacre could alter the 2016 presidential race in this country - The Washington Post
Washington Post 11/15/2015
Increase in the minimum wage in 29 U.S. states by Jan. 2015 bringing more food, bus fare to millions of Americans
12/31/2014
Grouped Articles
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
Andrew M. Cuomo: Fast-Food Workers Deserve a Raise
New York Times 05/06/2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04/22/2015
Los Angeles Lifts Its Minimum Wage to $15 Per Hour
New York Times 05/19/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
Workers in U.S. fast-food retail stores and efforts to increase the minimum wage
04/15/2013
Grouped Articles
Fast-food workers plan a new wave of walkouts across the nation - The Washington Post
Washington Post 12/04/2013
$15 Wage in Fast Food Stirs Debate on Effects
New York Times 12/04/2013
Dwindling Tools to Raise Wages
New York Times 12/10/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
America's Miserly Minimum Wage Needs an Upgrade
Wall Street Journal 04/15/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
U.S. income and poverty in 2014
09/17/2015
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
The other roots of increasing inequality in the U.S.- global competition and sourcing, the case of the U.S. auto industry and manufacturing workers
03/24/2015
Auto parts imports into the U.S. from Mexico have increased by 86% since 2008, more than doubled for China. As wages rise in China, India is the next source country for low cost automobile parts from auto industry hubs in Gujarat and Tamilnadu, placing continuous downward pressure on manufacturing wages for the next decade, and the next. Parts imports were $32 billion in 1990, $138 billion in 2014. Workers in manufacturing make as low as $10 an hour today, similar to workers at Wal-Mart. An entire generation of manufacturing workers are now shifted from middle class to lower class from their parents generation to their own, reducing educational mobility in the American system and fewer opportunities for improvement. As more jobs are created in manufacturing than in IT related industries this is a significant hurdle for improving wages and employment in the U.S.
Grouped Articles
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/2015
Income Inequality Is Costing the U.S. on Social Issues
New York Times 04/28/2015
Economic-Ladder Concerns Trump Income Gap in Poll
Wall Street Journal 05/05/2015
Sanders, Corbyn and the coming debate inside the Democratic Party - The Washington Post
Washington Post 09/13/2015
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
The right level for the minimum wage in the U.S.- $10, $12 or $15?
04/15/2013
Grouped Articles
Dwindling Tools to Raise Wages
New York Times 12/10/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
America's Miserly Minimum Wage Needs an Upgrade
Wall Street Journal 04/15/2013
Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times 04/27/2014
Swiss to Vote on $25-an-Hour Minimum Wage
Wall Street Journal 05/16/2014
Michigan Becomes Seventh State This Year to Raise Minimum Wage
Wall Street Journal 05/29/2014
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
The minimum wage as political strategy- Democrats and state ballot measures in the U.S. for 2014-2015
04/15/2013
A push at the federal level for the minimum wage by the Obama administration in the U.S. and a push for state ballot measures by Democrats is the political strategy of Democrats in 2014. The idea is to make this a wedge issue with Republicans and tap into growing populism with the increasing gap in incomes.
Grouped Articles
Democrats Turn to Minimum Wage as 2014 Strategy
New York Times 12/29/2013
America's Miserly Minimum Wage Needs an Upgrade
Wall Street Journal 04/15/2013
Michigan Becomes Seventh State This Year to Raise Minimum Wage
Wall Street Journal 05/29/2014
Strong Voice in ‘Fight for 15’ Fast-Food Wage Campaign
New York Times 12/04/2014
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
Economic-Ladder Concerns Trump Income Gap in Poll
Wall Street Journal 05/05/2015
Faces of low and middle income families in the U.S. middle class 2013-2015- the effects of a surge in income volatility since the 2008 recession
12/03/2014
Grouped Articles
Unsteady Incomes Keep Millions Behind on Bills
New York Times 12/03/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
In State of the Union, Obama Makes Middle-Class Pitch
Wall Street Journal 01/21/2015
Wall Street Journal 09/17/2015
Not There Yet on Equal Opportunity
Wall Street Journal 10/21/2015
The New York Times 08/12/2016
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
Meyerson, Cherlin and Dionne in the Washington Post on the severe problems facing America's white working class by 2015
11/12/2015
Meyerson, Cherlin and Dionne describes the severe problems facing the white working class in America by 2015, as incomes and educational opportunities decline, and social structures disintegrate. Upward and social mobility in the U.S. is severely affected by this situation.
Grouped Articles
America’s white working class is a dying breed - The Washington Post
Washington Post 11/12/2015
The missing working class - The Washington Post
Washington Post 11/12/2015
Both parties face a blue-collar imperative - The Washington Post
Washington Post 11/12/2015
German lessons on power-sharing - The Washington Post
Washington Post 11/12/2015
Populism on the Rise in GOP Race for President
Wall Street Journal 11/12/2015
The Bleak Reality Driving Trump’s Rise
Wall Street Journal 12/16/2015
The U.S. economy and the presidential election of 2012
06/07/2011
Increasing perception among voters that Obama is doing poorly in his handling of the economy.
Grouped Articles
Obama loses bin Laden bounce; Romney on the move among GOP contenders - The Washington Post
Washington Post 06/07/2011
Obama to Lose Top Economic Adviser
Wall Street Journal 06/07/2011
Barack Obama and the Republicans: A beatable president
Economist 06/11/2011
Job Picture Set to Test Obama in Key States
Wall Street Journal 06/11/2011
Why Obama Is Likely to Lose in 2012
Wall Street Journal 06/22/2011
Wall Street Journal 07/13/2011
Former World Bank chief Zoellick's proposal for economic and trade policies in U.S. president Obama's second term
02/05/2013
Zoellick says the U.S. should provide leadership in economic and trade policies to revive growth in the global economy.
Grouped Articles
Obama to Assert Unilateral Agenda
Wall Street Journal 01/27/2014
In Second Term, Obama Is Seen as Using âHidden Handâ Approach
New York Times 07/15/2013
Obama Promotes Benefits of Trade Deals to Workers and Smaller Businesses
New York Times 02/26/2015
Robert Zoellick: A New U.S. International Economic Strategy
Wall Street Journal 02/05/2013
The New York Times 09/16/2016
World Trade Set For Slowest Yearly Growth Since Global Financial Crisis
WSJ 09/27/2016
Policy errors and lack of focus on unemployment and the economy of the Obama administration
04/04/2009
The focus on health care reform comes at the wrong time when when the U.S. economy and high unemployment were priorities that needed attention, say experts. Feldstein points elsewhere to the lack of attention to the housing crisis and reducing foreclosures through homeowner assistance. These errors of the Obama administration increased business uncertainty in the U.S. just as the eurozone crisis worsened.
Grouped Articles
Washington Post 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Geithner's Bank Plan Is a Good Start
Wall Street Journal 04/04/2009
Uncertainty and the Slow Recovery
Wall Street Journal 01/04/2010
Roseland, Where Obama the Politician Was Born
New York Times 08/15/2012
Washington Post 08/17/2012
Joseph Stiglitz on the way the Obama administration handled the economy and his vision for the future.
01/23/2008
A squandered opportunity says Stiglitz of Obama's handling of the economy. He presents his vision and solution and action plan.
Grouped Articles
Washington Post 09/06/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
Charlie Rose Talks to Robert Reich
BusinessWeek 10/21/2010
Geithner's Plan: Loopholes Galore
BusinessWeek 04/01/2009
New York Times 04/01/2009
Voters’ Second Thoughts on Hope and Change
New York Times 11/04/2014
Skepticism about the long term benefits of the Obama Economic Plan for 2011-2012
01/20/2010
Grouped Articles
Washington Post 09/06/2011
Washington Taxes Own Credibility
Wall Street Journal 12/16/2010
Obama loses bin Laden bounce; Romney on the move among GOP contenders - The Washington Post
Washington Post 06/07/2011
Obama and the 'Competency Crisis'
Wall Street Journal 08/25/2011
Wall Street Journal 12/27/2011
White House Looks to Shrunken 2012 Legislative Agenda
Wall Street Journal 12/31/2011
U.S. GDP and economic growth in 2013
12/20/2013
Grouped Articles
Revision Shows U.S. Growing at Fastest Rate Since 2011
New York Times 12/20/2013
U.S. Economy Begins to Hit Growth Stride
Wall Street Journal 12/21/2013
U.S. Starts to Hit Growth Stride
Wall Street Journal 01/30/2014
5 Takeaways From the GDP Report
Wall Street Journal 01/30/2014
That 2014 Growth Breakout? Not Looking Likely
Wall Street Journal 03/02/2014
'Secular Stagnation' May Be for Real
Wall Street Journal 08/27/2014
Is this shaping up to be a lost decade for the U.S. economy?
10/18/2009
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
Sluggish Economic Recovery Proves Resilient
Wall Street Journal 04/21/2014
New York Times 10/30/2014
Eighty Years After the Great Crash -- 'Is It the '30s Again?'
Wall Street Journal 10/18/2009
U.S. Hears Echo of Japanâs Woes
New York Times 10/29/2010
Wall Street Journal 03/17/2011
The puzzle of continuing U.S. job gains in 2014-2015 with tepid wage growth, low productivity, and low economic growth
03/06/2015
Weak business investment, low productivity, slack in the labor market, and more low paying jobs are some of the reasons explaining the puzzle of job gains in 2014-2015 with small wage gains.
Grouped Articles
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
After a Bounce, Wage Growth Slumps to 0.1%
New York Times 03/06/2015
The New Jobs Report Shows Janet Yellen’s Quandary in a Nutshell
New York Times 03/06/2015
Slowing Job Growth Tests Economy
Wall Street Journal 04/04/2015
U.S. Economic Growth Nearly Stalls Out
Wall Street Journal 04/29/2015
The Mystery of Declining Productivity Growth
Wall Street Journal 05/15/2015
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
The changing demographics of minimum wage workers in the U.S. in 2014-2015
06/09/2014
Not just young people take minimum wage jobs as more people can only get part time low paying jobs following the 2008-2009 financial crisis.
Grouped Articles
New York Times 06/09/2014
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
A Growing Economic Recovery Bypasses Low-Wage Workers and Their Tables
New York Times 12/14/2014
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
After a Bounce, Wage Growth Slumps to 0.1%
New York Times 03/06/2015
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
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
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
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
Binding minimum wage referendum's in U.S. states Alaska, Arkansas, Nebraska and South Dakota, in Nov.2014, with large popular support
11/03/2014
Initiatives in U.S. states for the minimum wage in 2014 elections. Initiatives are a way around the deadlock in Congress on the issue.
Grouped Articles
Little Opposition Seen in Some Votes to Raise State Minimum Wages
New York Times 11/03/2014
Minimum-Wage Boosts, Pot Legalization Advance in State Ballot Measures
Wall Street Journal 11/05/2014
Election pay day: Five states adopt higher minimum-wage laws
Wall Street Journal 11/06/2014
Strong Voice in ‘Fight for 15’ Fast-Food Wage Campaign
New York Times 12/04/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
States’ Minimum Wages Rise, Helping Millions of Workers
New York Times 12/31/2014
IKEA's plan to increase the minimum hourly wage in 2016 to $11.87 at U.S. stores
06/25/2015
Grouped Articles
IKEA to Ratchet Up Its Hourly Pay in U.S.
Wall Street Journal 06/25/2015
California Nears Deal to Adopt a $15 State Minimum Wage
New York Times 03/27/2016
The New York Times 09/16/2016
Trump era confronts organized labor with gravest crisis in decades
Washington Post 12/09/2016
Workers in U.S. manufacturing plants in 2015- global competition, U.S. competitiveness and downward pressure on wages
03/24/2015
Workers who were once in the middle class are now lower class as conditions have changed in the automobile and other U.S. manufacturing plants. As more jobs are created in manufacturing than in IT related industries, this is a significant factor in improving U.S. employment and wages. There is an 86% increase in imports of parts from Mexico since 2008, over double for China.
Grouped Articles
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/2015
U.S. Trade Gap Widens on Surging Imports
Wall Street Journal 05/06/2015
Dollar’s Rise Lifts Imports and Widens Trade Gap
New York Times 05/05/2015
Mexican Auto Production Sets Record in April
Wall Street Journal 05/07/2015
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
Wal-Mart, Target stores, TJX in 2015- efforts to raise the U.S. minimum wage, and competition for lower wage workers
05/16/2014
Wal-Mart, Target stores, and TJX raise the wages to over $9 per hour in 2015.
Grouped Articles
Wal-Mart Says It Won't Oppose Increase in Minimum Wage
Wall Street Journal 05/16/2014
Strong Voice in ‘Fight for 15’ Fast-Food Wage Campaign
New York Times 12/04/2014
Wal-Mart Raising Wages as Market Gets Tighter
Wall Street Journal 02/20/2015
Wal-Mart’s Raises Reflect Tighter Jobs Market
Wall Street Journal 02/20/2015
Wall Street Journal 02/20/2015
Target to Increase Wages to At Least $9/Hour for All Workers in April
Wall Street Journal 03/19/2015
Tax Policy Center research that shows $157 billion generated from increasing taxes on the over 1 million income earners in the top 1% in the U.S.
10/16/2015
The top 1% earn about $2.1 million on average and are considered to be the largest beneficiaries of tax and economic policy of recent decades, just as global competition severely hurt wages of factory workers. A Tax Policy Center (Brookings Institution and Urban Institute backed) study shows that increasing taxes on the 1.13 million households in the top 1% from a federal rate of 33.4% currently to 40% would generate $157 billion, enough to provide for tution free educaton in colleges and universities in the U.S., finance spending on infrastructure, and provide assistance to the middle class for high health premiums. Public opinion in the U.S. favors higher taxes for the top 1% to pay for programs that increase opportunity for the middle class and workers with low incomes. Education is a great leveler of income disparities over time, one of the reasons the U.S. offered tution free education to returning veterans after World War II. Incomes for people in this income group of the top 1% would still be about $1 million a year after the tax increase, according to the Tax Policy Center.
Grouped Articles
What Could Raising Taxes on the 1% Do? Surprising Amounts
New York Times 10/16/2015
Not There Yet on Equal Opportunity
Wall Street Journal 10/21/2015
Washington Post 10/23/2015
The New York Times 08/12/2016
Mark Sanford: I Support You, Donald Trump. Now Release Your Tax Returns.
The New York Times 08/15/2016
U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007
WSJ 09/13/2016
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
2014 indepth study of U.S. middle class families by Financial Diaries showing surge in income volaility
12/03/2014
This study shows live accounts of families in the U.S. living from paycheck to paycheck because of income fluctuations, or a hit to income by one parent losing a job and working at odd jobs.
Grouped Articles
Unsteady Incomes Keep Millions Behind on Bills
New York Times 12/03/2014
Hiring Booms, but Soft Wages Linger
Wall Street Journal 01/10/2015
In State of the Union, Obama Makes Middle-Class Pitch
Wall Street Journal 01/21/2015
Wall Street Journal 09/17/2015
Not There Yet on Equal Opportunity
Wall Street Journal 10/21/2015
The missing working class - The Washington Post
Washington Post 11/12/2015
Credibility of elites tested in the decade following the financial crisis of 2008-2009- falling incomes in the U.S. and high unemployment in Europe, and disaffection in local regions such as Scotland
09/20/2014
Policies of Gordon Brown and Alistair Darling in a Labor government increased the role of the financial sector in the British economy and the part played by London as financial capital, only to lead to a near collapse of the banks in the financial crisis of 2008-2009. Brown and Darling are both Scots who failed to see the effects on regions in Britain such as Scotland, already affected by deindustrialization under the Conservative Thatcher government, and now hit by the repercussions of the financial crisis under first Labor and then austerity Conservative government of David Cameron. Irwin faults the elites for failing to grasp the effects of their policies on average working people, the risks involved in an overblown speculative financial sector, and only waking up with the elections for the European parliament and tense moments before the referendum in Scotland.
Grouped Articles
In Scotland and Beyond, a Crisis of Faith in the Global Elite
New York Times 09/20/2014
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
Germany, France Tap Economists for Advice to Avoid ‘Lost Decade’
Wall Street Journal 10/14/2014
Jerry Brown is spending more on ballot measures than on his own campaign - The Washington Post
Washington Post 10/24/2014
British Treasury Targets Banks to Increase Tax Revenue
New York Times 12/04/2014
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
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
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