Category Archives: Middle class

Census Report: Incomes, Poverty, Health Insurance Coverage

There has been a lot of coverage already, but here is an analysis focusing on longer-term trends. (Click on an image to open it in a new window.)

Figure 1

Real, inflation-adjusted incomes have fallen overall, not just during the current Great Recession, but for the last decade (Figure 1). From the end of the 2001 recession to 2010, median incomes fell 5% and no doubt have further to go. Mean, or average, incomes fell 6%. Even the modest boost, from 2004 to 2006, failed to match the level reached before the recession, in 2000.

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American Puzzle Solved! Robert Reich Explains All in 2 Minutes

Hat tip,