My new paper on Wh Wkg Class Men--shows how their position has declined--bit.ly/2siqq5D See comments here
Follow
Stephen Rose
@SteveRoseDC
Affiliated Scholar with Urban Institute; Write on inequality and social class; follow politics and international affairs. Tweets my own.
Washington, DCJoined July 2015
Stephen Rose’s Tweets
new blog on why Trump's promise to be bring coal jobs is just for show and has no chance of being meaningful
1
2
New paper--how many BAs overqualified for their jobs--it is not as common as many say (25% in 2014 and 24% in 1980) urbn.is/2kxAUu6
1
1
two new pieces; Trump voters being middle class and above bit.ly/2j8UI3F and review of Gordon's growth book bit.ly/2k8oHwQ
New definition of Chutzpah-an FBI director willing to change the world to maintain his own sense of honor.
1
For Labor Day, Urban rereleased a blog of mine on why we wouldn't have a future of just lousy jobs-- urbn.is/1GBd71d #LaborDay
Topics to follow
Sign up to get Tweets about the Topics you follow in your Home timeline.
Carousel
new 2015 Piketty/Saez incomes available. Top 1% incs are $200,000 below 2007--which equals 44% of all losses. Many avoid this comparison.
1
2
See Samuelson's take on my new work on growth and divide across the income ladder -- wapo.st/28V6vyv also
1
Things are changing too fast for many people--more people of color, gay marriage, decline in religion--and people are trying to yell "halt."
1
With Brexit and Trump, poor economics play some role but many are angry at an elite that dictates and talks down to the rest of population.
1
2
2
My new paper on growing size and economic importance of upper middle class with shift from modest to luxury goods. urbn.is/28QWcwo
2
new piece-Sanders and Trump talk how bad the economy based on too rosy a picture on how the economy used to be bit.ly/1Sfzlgz
2
3
My piece on trade in Wash Monthly takes on Trump/Sanders for overplaying negatives and misunderstanding mfg decline bit.ly/1nX1Pxn
1
3
1
My take on triumph of the 'triumph of untested' and the sources of political rage--bit.ly/1KcbPxF
1
New Pew poll of parents-pewrsr.ch/1QviDbf shows 93% very or mostly satisfied with their life. Rebuts theme that everyone is miserable.
In a new post, urbn.is/1YntOlq, I criticize new Pew study pewrsr.ch/1jOE9Jz on Middle Class losing ground as overly negative.
1
2
A new piece from me showing that red states have been subsidized by blue states for decades. Who really are takers?
washingtonmonthly.com/republic3-0/20
Just published a blog arguing that the prediction of robots leading to massive unemployment is wrong--bit.ly/1OEhVad
2
1
2
This talk about wage stagnation; yet women's yearly earnings grew by 52% from 1979-2013 using CPI and w benes 61% with CPI 78% with PCE.
3 of 3NY Times thinks wrkrs take no gain lying down. CBO reports real income gains of 36%.see my comments bit.ly/1irDgqc
1 of 3 nyti.ms/g55tkR argues that real median pay has barely budged since 1973. I find growth of 38 percent urb.is/1Jhth2l
1 of 3.NYT.ms/g55tkR argues that real median pay has barely budged since 1973. I find growth of 38 percent urb.is/1Jhth2l
2 of 3.EPI(bit.ly/1irDgqc) defends use of CPI-U-RS by saying this is best measure.BLS says chained CPI is best measure of inflation
I argue that income inequality is a secondary issue for most Am'ns. bit.ly/1KlWqEv That's why the Dems can't win on in=ty alone.
If Romney had said that 25 percent were takers, he might have won. His mistake was to cast too wide a net.
1
Trump's populism is based on blaming Hispanics and other poor people., especially African Americans.
my piece showing that median real labor income didn't stagnate but grew by 38% is available at urban.org/research/publi. More soon.
1
3
Koch bros are for new Amn Rev led by billionaires. Tho pro-market, their money is based on product in which consumers don't pay full costs.
health care spending 6% of GDP in 1967, 18% today. Life expectancy 70.6 in 67, 78,7 today. This benefit is excluded in comparing incomes.
1
If inequality is bad and has been made worse by Repub policies of tax cuts and deregulation,why haven't Dems benefited? more from me soon.
Robert Lawrence supports my findings that wages have grown more than 6 percent (from EPI) bit.ly/1IrbrKe
1
1
Brookings has a clever piece arguing that the Trump phenomenon is the result of years of conservative politics brook.gs/1elJo0D
Too many progressives don't get this.
Quote Tweet
I'm mostly trolling but: Bernie Sanders has about the same chance to win as Trump so maybe HuffPost should cover him as "entertainment" too?
Finally the continual transfer of money from rich to poor states in America as a counter point to Europe and Greece nytimes.com/2015/07/11/ups.
Trade increases our living standards but lead to some job losses; need to help displaced. urban.org/urban-wire/imp
1
1
Welcome world. I'm here to talk about what's happening in economics and social structure. I am an odd bird-an Optimistic Liberal.
1
2