Longer-term view adds context to Census poverty data

Today, the U.S. Census Bureau reported the American peoples’ 2016 experience with poverty, median income and health insurance. Tom Hirschl, sociologist and co-author of “Chasing the American Dream: Understanding What Shapes Our Fortunes,” says that while the numbers today reflect an incremental improvement, middle-class and working-class Americans still feel insecure about their economic future. To […]

Metro housing costs create cascade of problems for middle class

Robert H. Frank, professor of economics and management at the Cornell SC Johnson College of Business and author of Falling Behind: How Rising Inequality Harms the Middle Class, says that as real estate prices in large metropolitan areas continue to soar, the middle class people who provide essential services ­– teachers, police and firefighters – […]