l****z
发帖数: 29846 | 1 by Bill McBride
Here is a series I'm looking forward to reading ... from David Leonhardt at
the NY Times: A Closer Look at Middle-Class Decline
Arguably no question is more central to the country’s global standing
than whether the economy will perform better in the future than it has in
the recent past.
Over the next few months on this blog, several colleagues and I will
look in some detail at the challenge and at possible ways forward, and we’
ll encourage you to weigh in with questions, ideas and other feedback.
Leonhardt starts with:
Since median inflation-adjusted family income peaked in 2000 at $64,232,
it has fallen roughly 6 percent. You won’t find another 12-year period
with an income decline since the aftermath of the Depression.
This unhappy phenomenon has two major sources. First, economic growth in
this country has been relatively slow in recent years, which means the
total bounty that the American economy produces, to be shared by all of its
citizens, has not been growing very rapidly. Even before the financial
crisis began in 2008, economic growth in the decade that started in 2001 was
on pace to be slower than growth in any decade since World War II.
Then of course came a deep recession that caused the economy to shrink.
...
In addition to the slow growth in overall size of the pie, the share
that has been going to anyone but the richest Americans has been declining.
... In the simplest terms, the relatively meager gains the American economy
has produced in recent years have largely flowed to a small segment of the
most affluent households, leaving middle-class and poor households with slow
-growing living standards.
A very important topic. | P*********0
发帖数: 4321 | 2 Unfairness of wealth distribution caused this.
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【在 l****z 的大作中提到】
: by Bill McBride
: Here is a series I'm looking forward to reading ... from David Leonhardt at
: the NY Times: A Closer Look at Middle-Class Decline
: Arguably no question is more central to the country’s global standing
: than whether the economy will perform better in the future than it has in
: the recent past.
: Over the next few months on this blog, several colleagues and I will
: look in some detail at the challenge and at possible ways forward, and we’
: ll encourage you to weigh in with questions, ideas and other feedback.
: Leonhardt starts with:
|
|
