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Tag Archives: Census Bureau

Census data released today show continued gains for middle-class Americans and little evidence of rising income inequality – Publications – AEI

AEI Census data released today show continued gains for middle-class Americans and little evidence of rising income inequality The Census Bureau released its annual report today on “Income and Poverty in the United States: 2017” with lots of new, updated data on household and family incomes, and household demographics through 2017. Below are four charts with commentary based on the new Census data on household income through 2017. Shortly I’ll post my annual analysis “Explaining...

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Great moments in motivating Russian bureaucrats – Publications – AEI

AEI Great moments in motivating Russian bureaucrats Moscow has experienced some of the heaviest snowfall in decades this year and residents have been frustrated at the government’s slowness in clearing the snow and large snow drifts. According to this BBC report, Moscow residents have found that the only way to get city workers to clear snow is to write the name of opposition leader Alexei Navalny on it (see photo above). Russia’s presidential elections take place on March 18,...

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Suppose you live in America’s most liberal state. Now suppose you live in the state known as “poverty capital of America.” But I repeat myself. – Publications – AEI

AEI Suppose you live in America’s most liberal state. Now suppose you live in the state known as “poverty capital of America.” But I repeat myself. The table above shows US states ranked for two different measures of poverty: a) the official measure of poverty and b) the Census Bureau’s recently introduced (2011) Supplemental Poverty Measure (SPM), which accounts for each state’s cost-of-living, housing costs, utilities, medical costs and taxes. It also...

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Here’s How Much Retirees Are Spending To Support Their Adult Kids

At one point in time in America, living at home with mom and dad after crossing out of your teenage years and into your 20s was embarrassing and something that was generally avoided at all costs.  And while hard times come and go, 20-somethings who were forced back into their parents' care worked their tails off until they could save up enough money to once again regain their freedom. But, these days millennials seem to be embracing the free room and board provided by their parents. ...

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Less Retail Jobs, More Amazon Robots: Get Used To It

When it comes to job creation in the United States, President Trump will be displeased to hear the latest findings from Quartz: 170,000 fewer retail jobs in 2017 - and 75,000 more Amazon robots.  In November, we explained that while everyone likes to point the finger at Amazon, America’s retail apocalypse can’t be tied to just one catalyst (see: A Look At America’s Retail Apocalypse In Charts), however, fierce competition in the industry has induced an army of robots at Amazon’s fulfillment...

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Labor Market Conundrum: Number Of Millennials Living At Home With Mom Continues To Surge

Nary a day goes by that President Trump and/or the talking heads on CNBC fail to mention the following unemployment chart as evidence that "everything is awesome" with the U.S. economy... ...which might be true unless you're among the 95 million-ish Americans who have been looking for a job for so long that you no longer even count as a human being to the Bureau of Labor Statistics... ...or if you're a millennial. Despite being the most educated generation ever to walk the face of the...

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Matt Taibbi Exposes The Great College Loan Swindle

Authored by Matt Taibbi via RollingStone.com, How universities, banks and the government turned student debt into America's next financial black hole... On a wind-swept, frigid night in February 2009, a 37-year-old schoolteacher named Scott Nailor parked his rusted '92 Toyota Tercel in the parking lot of a Fireside Inn in Auburn, Maine. He picked this spot to have a final reckoning with himself. He was going to end his life. Beaten down after more than a decade of struggle with student debt,...

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These Maps Explain Who Really Caused Hillary’s Loss (Hint: It Wasn’t Angry, Sexist, Xenophobic, White Men)

Ever since election day Hillary and her former minions have attempted to reinforce a narrative that some combination of Russian hackers, James Comey and angry, sexist, xenophobic, white men were the cause of here staggering defeat in November 2016.  That said, a new study highlighted by the Washington Post (of all places) today, confirms that it very well could have been black voters that ultimately crushed Hillary's chances at the White House and not so much a sudden onset of racism. Per the...

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The 30 US Metros With The Highest And Lowest Incomes

Authored by Wolf Richter via WolfStreet.com, Breath-taking differences in a vast country. The Census Bureau released another data trove this week for 2016, based on the American Community Survey. Among many other data points, the survey details median household incomes by geographic location, such as by metro area, county, or state. And they show just how enormous the income differences in the US are from city to city. Of the 382 metropolitan statistical areas (MSA) that the US government...

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Make Mark Zuckerberg Testify

Authored by Sam Biddle via The Intercept, Last week, after what must have been a series of extremely grim meetings in Menlo Park, Facebook admitted publicly that part of its revenue includes what appears to be politically motivated fraud undertaken by a shady Russian company. The social network, perhaps motivated by a Washington Post scoop on the matter, released a statement outlining the issues at hand, but leaving the most important questions unanswered. Only Facebook knows these answers,...

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