iOS app Android app

Median Income

Our American Quandary: Inequality, Inadequacy and Instability

Frank Islam | Posted 11.24.2014 | Politics
Frank Islam

The lack of civic engagement and participation cedes the power to the few. The few can legislate and elect legislators whose positions are not necessarily consonant with the will or desires of the majority. In essence, it devolves the political system to one of minority rule.

Recovery of the Rich, By the Rich, For the Rich -- Recession for Everyone Else

Anthony W. Orlando | Posted 12.17.2014 | Politics
Anthony W. Orlando

Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.

Hype and Reality: American Economic Numbers

David Coates | Posted 12.09.2014 | Politics
David Coates

It is true that the rate of economic growth has quickened, but that rate is still low by pre-recession standards. In July the IMF actually cut the U.S. growth forecast for 2014 to just 1.7 percent, the CBO's in August was just 1.5 percent. These are not stellar growth numbers.

Can Seattle Afford to Pay a Premium Minimum Wage?

Timothy J. Barnett | Posted 12.03.2014 | Politics
Timothy J. Barnett

With so many business-hub communities surrounding Seattle (more than a dozen not counting bedroom communities), residents desiring low-cost local services do not have to drive far to find businesses not constrained by the new minimum wage.

45 Million Americans Still Stuck Below Poverty Line

The Huffington Post | Mark Gongloff | Posted 09.16.2014 | Business

Despite five years of economic recovery, poverty is still stubbornly high in America. More than 45 million people, or 14.5 percent of all Americans...

The 10 Cities With The Highest Quality Of Life

The Huffington Post | Alissa Scheller | Posted 08.28.2014 | Business

If you're looking to improve your happiness, you might consider heading to the Midwest. According to new rankings based on a study by Nerdwallet, the ...

Illinois home foreclosures among the highest in the nation

Matthew Dietrich | Posted 09.24.2014 | Chicago
Matthew Dietrich

Homes in Illinois were foreclosed on at double the national rate in June, a study from RealtyTrac found. The country's foreclosures were down in June ...

One Chart That Makes It Clear College Is Becoming Unaffordable

The Huffington Post | Tyler Kingkade | Posted 06.18.2014 | College

What makes college tuition more expensive? Americans' flatlining incomes. A new chart made by our friends at FindTheBest shows not only has college...

In These States, Weddings Cost More Than Half Of The Average Resident's Yearly Income

The Huffington Post | Ashley Reich | Posted 04.25.2014 | Weddings

According to the Wedding Report, a compilation of statistics and market research for the wedding industry, couples spent an average of $25,200 on thei...

Which Illinois Counties Have the Highest Median Income?

Matthew Dietrich | Posted 05.11.2014 | Chicago
Matthew Dietrich

The progressive tax versus flat tax debate is raging on -- if Illinois moves towards a progressive tax system, where taxes vary based on income, counties with higher median incomes will probably have a lot to say.

White Men and Their Guns

Leonard Steinhorn | Posted 02.16.2014 | Politics
Leonard Steinhorn

Perhaps we are asking the wrong questions in our national gun control debate. The issue is not whether we should have gun control laws in this country -- or what they should be.

Report: We're Worse Off Than At The End Of The Recession

AP/HuffPost | Posted 08.22.2013 | Business

WASHINGTON — The average American household is earning less than when the Great Recession ended four years ago, according to a report released Wedne...

Why the Coming Battle to Increase the Minimum Wage is High Political Ground for Democrats

Robert Creamer | Posted 08.11.2013 | Politics
Robert Creamer

The growing profits of some of the nation's largest corporations and wealthiest people in America result from the labor of people whose work is rewarded with poverty level wages. That makes no economic sense. And it's just plan wrong.

Why There's a Bull Market for Stocks and a Bear Market for Workers

Robert Reich | Posted 05.05.2013 | Business
Robert Reich

Today the Dow Jones Industrial Average rose above 14,270 -- completely erasing its 54 percent loss between 2007 and 2009. Yet the real median wage is now 8 percent below what it was in 2000, and unemployment remains sky-high.

Let's Make America the Creation Nation Again

Ed Crego, George Muñoz and Frank Islam | Posted 03.12.2013 | Business
Ed Crego, George Muñoz and Frank Islam

We define "Creation Nation" as a country in which the private and public sector collaborate to develop and commercialize innovative products and services that create businesses or business opportunities that grow the economy and generate good-paying, value-added jobs.

Fact Check: Nielsen Reveals 10 Insights On Black Spending Power And What Drives It

Posted 09.25.2012 | Black Voices

Despite what the U.S. Bureau of Labor Statistics says about the unemployment rate among blacks, and the U.S. Census' report on how the median income h...

Income Inequality Worse Now Than In Time Of Slavery

The Huffington Post | Harry Bradford | Posted 09.21.2012 | Business

Believe it or not, income inequality in the United States is worse today than it was back in 1774. That’s what a recent report from the National ...

Catherine New

The Troubling Reason Single Moms Can't Break Out Of Poverty

HuffingtonPost.com | Catherine New | Posted 09.13.2012 | Money

Nearly half of households headed up by a single mom don't regularly use a bank account and rely on pricey alternative financial services, according to...

This Is Not Your Mother's Medicare: Part 2

Ed Crego, George Muñoz and Frank Islam | Posted 11.07.2012 | Politics
Ed Crego, George Muñoz and Frank Islam

We are confident that good citizens will be willing to put the country's interests first and advocate for and demand a pragmatic and collaborative solution to our Medicare dilemma.

You Won't Believe How Much Money It Takes For Americans To Feel Happy

The Huffington Post | Khadeeja Safdar | Posted 06.20.2012 | Business

To most, success doesn't mean a six-figure salary. In fact, the majority of American workers would be content with average level earnings, accordi...

Another Dubious Fact Check

Jared Bernstein | Posted 08.07.2012 | Media
Jared Bernstein

It's unsettling when the fact checkers get something wrong, as occurred in a recent PolitiFact review of the claim that median incomes rose $5,500 while Mitt Romney was governor of Massachusetts. PolitiFact grades this claim as mostly true, when it is mostly false.

Majority Of Americans Satisfied With Finances, But Economy Still Taking Toll

The Huffington Post | Catherine New | Posted 12.27.2011 | Business

The majority of Americans say they're satisfied with their future prospects, but their feelings have dimmed since 1998, when the U.S. economy was stro...

Dream Out Of Reach? Switching Income Classes More Difficult In Recent Years, Report Finds

Posted 01.07.2012 | Business

The American Dream, that well-worn belief that anyone can pick themselves up by their bootstraps, just isn't what it use to be. Income mobility, or...

Jason Linkins

Inflation-Adjusted Income For Median Male Worker Hits 1968 Levels

HuffingtonPost.com | Jason Linkins | Posted 11.13.2011 | Politics

Yo, this one goes out to all the median male workers in the house. How you livin' median male workers? Before you answer that, let me guess. You're ho...

Small, Median and Obscenely Large: There's Nothing Average About the Middle Class

Tony Phillips | Posted 08.21.2011 | Politics
Tony Phillips

SAN DIEGO -- I live with my wife and a 13-year-old and while each of us is different, we do all agree on some fundamental issues. Here are three thing...