Dear Kevin Drum: Your logical fallacy doesn’t mean we should cut Social Security

labor force participation, by age

Yesterday, Kevin Drum – a normally thoughtful blogger at Mother Jones – responded to a post by Jared Bernstein (former Chief Economist to V.P. Biden) about the sorry state of retirement savings in America. Bernstein wrote that the “not-very-healthful” status of private defined-plans retirement plans, coupled with the decline in employer-sponsored pensions, makes protecting Social Security […]

Born poor means staying poor: Ominous income inequality trends for U.S.

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Sightline’s Eric de Place pulls together recent research illustrating three very disturbing trends in U.S. income distribution: ossification – the rich are more likely to stay rich and the poor are more likely to stay poor; gentrification – older households are making dramatic economic gains relative to younger households; and concentration – an ever-smaller group […]

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