By Avelino Maestas on Apr 5, 2007 in Economy, Income Inequality | Comments Off
But you already knew that right? The latest economic expansion (under Bush) has been pretty lackluster in about every segment of the economy, from GDP growth to the number of jobs created. Via Kevin Drum comes this EPI chart: Kevin has more.
By Avelino Maestas on Mar 19, 2007 in Economy, Income Inequality | Comments Off
I didn’t have a chance to mention it last week, but a new report was released showing an ever widening gap between the super, super-rich and the rest of us: 2005 shows a very large increase in income concentration: the top 1% gains 14% in real terms from 2004 while the bottom 99% gains less [...]
By Avelino Maestas on Feb 26, 2007 in Economy, Income Inequality | Comments Off
Among the information contained in the latest Census report on poverty (New Mexico is second-to-last in the nation for the percentage of people without health care!) is the news that the number of “severaly poor” Americans grew at an alarming rate between 2000 and 2005. According to McClatchy (hat tip to TAPPED): The McClatchy analysis [...]
By Avelino Maestas on Feb 20, 2007 in Economy | Comments Off
I didn’t catch this yesterday, but Kevin Drum had an interesing post regarding Red vs. Blue economic growth and performance, based on this from Angry Bear: Last week I had a few posts about the differences between elected Republicans and elected Democrats. I noted that for whatever reason, we observe higher growth rates in real [...]
By Avelino Maestas on Feb 20, 2007 in Economy | Comments Off
Sen. Dede Feldman blogs about identity theft and her bill to help curb it: This past week I’ve been trying to hammer out a compromise with everyone who’s interested in protecting consumers from identity theft by allowing them to freeze their credit report. The bill I’m sponsoring is supported by the AG, AARP and many [...]
By Avelino Maestas on Oct 25, 2006 in Economy, News | 2 Comments
This will be my last post on the subject, and I’ll let NM For Sale get the last word in, offering them another chance to answer their own question: why don’t more people think the economy is doing great? As I wrote yesterday, a majority of Americans think the economy is bad, and 58 percent [...]