Henry Blodget looks at the lack of income growth for the bottom half of Americans and explains the problems this causes for the economy. That would be ZERO income growth for the … Continue reading There has been no income growth for the bottom half of Americans since 1980
Source: Income distributions in Americans’ pastimes [OC] – dataisbeautiful Continue reading Income distributions in Americans’ pastimes
The bottom 90 percent used to take home a majority of the income gains from a growing economy. Not anymore. Income gains going to top 1% in 1954-7: 5% 1975-9: 25% 2009-12: … Continue reading The Benefits of Economic Expansions Are Increasingly Going to the Richest Americans
Buyers in England and Wales forced to spend up to 12 times their income as gap between earnings and house prices widens How do you keep paying rent when you retire? Source: … Continue reading Revealed: the widening gulf between salaries and house prices
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