center on budget and policy priotities

The latest figures on income inequality in the USA

By / 20 Comments / 7 November 2011

America has one of the most unequal distributions of income among the developed nations.  Here are the latest numbers on that trend.  It’s boring stuff.   Unless you consider its importance to the survival of our political order.  Throughout history, extremes of income inequality have destabilized societies.  Democracies might be esp vulnerable to this. Contents  “Poverty Rose, Median …

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Why has the worst recession since the 1930′s had such a mild effect on America?

By / 67 Comments / 19 February 2018

One of the oddities of this recession is the widespread opposition to government actions mitigating its effects.  Doing almost nothing (except tax cuts) has almost become the official policy of the Republican Party, and libertarian sites such as the Instapundit frequently run articles mocking the government’s stimulus programs. A related conundrum is the stability of …

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