Tag: income
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 –…
Rich or poor, old or young, white or black, red or blue – our differences cut many ways. But a new divide has opened up, one based on geography. Stark new evidence shows that well-paid, highly educated people have moved to high-cost coastal cities over the past decade, while lower-income, less educated people have moved…
