Poverty and race

You would be surprised how many people do not realize that there are a lot of poor whites in this country. This is especially true among the wealthier white social justice types. For a long time, I assumed that these activists did not care that much about class issues, which is perhaps troubling in some… Continue reading Poverty and race

Income inequality is very rigid

A Brookings Institute paper about income inequality has been making the rounds, and for good reason. In the paper, the authors draw upon tax data to determine how persistent income inequality is year to year. That is, do folks move up and down the income ladder year to year or do they basically stay where… Continue reading Income inequality is very rigid