EARN Conference Call: Whassup/down re the US Economy?. Jared Bernstein [email protected] John Irons [email protected] Legacy: That Which Is Handed Down To Us From Those Who Preceded Us . It ain’t pretty…. Recession likely underway, but what matters much more is absence of growth.
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Source: BLS, ECEC Preceded Us
Source: Author’s analysis of BLS data. Preceded Us
Source: Piketty & Saez (2007), preliminary Preceded Us
Forecast Preceded Us
All Preceded Us
Source: Congressional Budget Office, Changes in the Economic Resources of Low Income Households with Children (2007)
Source: U.S. Census Resources of Low Income Households with Children (2007)