Tag: census data
Birth is a sort of lottery. Babies may be born into wealth and privilege, poverty and struggle, or something in between. The question is whether, when they grow up, they will choose an occupation that improves on their parents’ circumstances. In other words, how upwardly mobile are they? Doing better financially than one’s parents is…
This issue poses an enormous challenge for retirement security. The headline from this year’s Census Bureau’s publications on Income, Poverty, and Health Insurance Coverage in the United States is fewer Americans are living in poverty but fewer also have health insurance. Both of these developments are newsworthy. The reduction in the poverty rate is good…