Tag: household income
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 news and reflects several years of a strong economy. …
Most families have relatively little money and median income has been stagnant. If you hang out in the Northeast and talk to financial types and academics who worry about pensions and retirement income, it is easy to get lulled into the notion that the mass affluent – the upper middle of the income distribution –…
