Tag Archives: #Wealth
Jared Bernstein: US inequality in the OECD context and the need to invest more in young kids | Blog#42
US inequality in the OECD context and the need to invest more in young kids
All The Wealth The Middle Class Accumulated After 1940 Is Gone
Here’s more proof the middle class is dying.
Continue reading All The Wealth The Middle Class Accumulated After 1940 Is Gone
Jared Bernstein: Absent full employment or a bubble, middle class income and wealth will fall
By Jared Bernstein
September 15, 2014
Robert Samuelson covers some useful ground this morning, reviewing income and net worth trends from the recent Survey of Consumer Finances, a triennial (it comes out every three years) survey of family income and wealth. I wanted to add a few points regarding timing of the trends he cites.
CNN Money: Middle class Americans: Not so wealthy by global standards
June 11, 2014
Want an over-the-top summer place of your very own? These luxury homes are in some of the hottest beach destinations in the U.S. — and the deals on these places can’t be beat. More
The numbers seem to back it up. Americans’ average wealth tops $301,000 per adult, enough to rank us fourth on the latest Credit Suisse Global Wealth report.
Americans’ median wealth is a mere $44,900 per adult — half have more, half have less. That’s only good enough for 19th place, below Japan, Canada, Australia and much of Western Europe. Continue reading CNN Money: Middle class Americans: Not so wealthy by global standards