Category Archives: Economy

Small boosts in family income helps kids a lot

3f05d661d6e3919a06625920891f6f9fThis paper (and thanks, Kimberley, for sending it) from the National Bureau of Economic Research says a little boost in family income has an amazing effect on children in that family. That’s especially true for children facing behavioral or mental health challenges.

You can read more here.

Think we have enough to go around?

CMvMpc4UcAEU4RBYou can read more here.

Look who’s unemployed in Connecticut


Young people. That’s who, from CT Mirror.

New poll says Americans don’t like wealth/income inequality

indexYou can read more here.

But what do they want to do about it? That’s a little tougher. Average-wage earners aren’t crazy about the prospect of low-wage earners leap-frogging over them.

Raise the minimum wage high enough, though, and you begin to move low-wage workers reasonably close to average-wage workers. That’s something the average-wage people aren’t especially wild about. And the point at which you cross into dicey territory may come around $15 per hour.

Trickle-down economics don’t work

explaintrickledowneconomicssmallJust look at the example of Minn. Gov. Mark Dayton, who taxes the rich and raised the state’s minimum wage, and now? The state’s economy is pretty healthy, thanks.

The Dayton family ain’t hurting too bad, either.

And thanks, Jac, for the link.

Who makes less than $15 an hour?

Fight for 15 info graphic3Home care workers.

Child care workers.

Go here to read more.

We’re No. 16!

According to the Social Progress Index, we rank 16th behind countries such as Canada, Norway, Sweden, New Zealand, Germany and you get the idea.

For our purposes, the index defines social progress as

the capacity of a society to meet the basic human needs of its citizens, establish the building blocks that allow citizens and communities to enhance and sustain the quality of their lives, and create the conditions for all individuals to reach their full potential.

imagesAs Leftover — who sent the links — says, the U.S. ranks No. 1 in gross domestic product by every measure we acknowledge. Yet we’re No. 16 in the important stuff?

Here’s more on the people behind the index.