Median Earnings by Gender
Full-time male workers earn more than full-time female workers
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Full-time male workers earn more than full-time female workers
There is a high rate of child poverty in the United States compared to other developed countries.
Income varies widely across racial and ethnic groups in the United States.
https://www.pgpf.org/chart-archive/0272_income_race_historical
“Today’s CBO report may not be a surprise, but it should be alarming for all of us," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Here are five key takeaways from the first CBO analysis to fully take into account the economic effects of the pandemic and the legislative response to it.
We can’t return to the low-inflation, low-interest rate world; we can only go forward through the wormhole the pandemic opened.
On March 15, 2018 the federal government passed an unfortunate milestone: $21 trillion dollars in gross federal debt.
https://www.pgpf.org/blog/2018/04/the-national-debt-grew-by-1-trillion-in-just-six-months
Piling on more debt can harm our economy by crowding out private investment, reducing our fiscal flexibility, and lowering confidence and certainty.
https://www.pgpf.org/blog/2017/11/why-you-should-care-that-tax-cuts-add-to-the-national-debt
Several independent organizations have analyzed the current tax reform proposals. They are unanimous in projecting that it would add to our national debt.
In her final press conference as chair of the Federal Reserve, Janet Yellen said that she was "personally concerned about the U.S. debt situation."