This is why it feels like the recession never ended, By Christopher Ingraham, August 28, 2014, Washington Post: “Take a look at this chart. It shows everything you need to know about why Americans are still so down on the economy. From the start of the recession in 2007 to today, the average price of the things you buy – clothes, food, housing – has risen by 15 percent. This, in itself, isn’t a problem at all. The problem is that wages haven’t kept pace with that increase. In fact, for all but the top wage earners, real (inflation-adjusted) earnings are actually down over the same period…”
Poverty-related issues in the news, from the Institute for Research on Poverty