Tag: earned income tax credit

Economics Links

Dec 6, 2013

—

by

mwkruse

in Capitalism and Markets, Demography, Economics, Gender and Sex, Health and Medicine, Human Progress, Links – Economics, Poverty, Public Policy, Sociology, Technology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Poor and Middle Class Incomes Have Increased Significantly "… Using this more sophisticated cost-of-living adjustment, which is preferred by the Congressional Budget Office and Federal Reserve Board, the increase in median household income was not 5 percent but 16 percent from 1979 to 2012. In 2007, like 1979 a peak in the business cycle,…
The Benefits and Perils of the Minimum Wage

Nov 29, 2012

—

by

mwkruse

in Poverty, Public Policy, Weatlh and Income Distribution

Economist: The argument in the floor Evidence is mounting that moderate minimum wages can do more good than harm … America’s academics still do not agree on the employment effects. But both sides have honed their methods and, in some ways, the gap between them has shrunk. Messrs Card and Krueger moved on to other…