She argued that for a generation, America's middle class had been caught in a vise
of stagnant incomes and rising expenses.
These numbers suggest that, in an era
of stagnant incomes and wage inequality, millennials put homeownership on hold while they worked to first ensure their financial security through education and career development.
Not exact matches
On our current course, we're headed for a morass
of punitive taxes, puny growth, and
stagnant incomes for workers — a future that's the precise opposite
of what Trump champions.
The
income of those at the top
of the economic scale continues to rise, while the
income of many
of those in the middle or bottom has remained
stagnant or even declined.
Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one
of high unemployment / underemployment, high oil prices,
stagnant middle - and lower - class
incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.
Clinton, Sanders, and Martin O'Malley, the former governor
of Maryland, focused instead on
stagnant middle - class
incomes.
Thanks to rising health costs,
stagnant wages and growing levels
of debt — especially the $ 1.4 trillion
of student loans borrowers owe — you may need to generate more
income just to get by.
Economists can debate precisely why so many people have taken it in the teeth in recent decades, but it's clear that years
of stagnant or dropping
incomes have taken a toll on their ability to get ahead.
Stagnant wage growth isn't just a problem for those at the bottom
of the salary scales: middle - class family
incomes are slightly lower now than they were in the 1970s.
In the ensuing meltdown, consumers face piles
of bills,
stagnant or falling
incomes, and shrinking nest eggs.
Falling or
stagnant prices are simply the result
of having less
income to spend.
Pfeffer wonders if
stagnant incomes have led to people «consuming out
of their assets» — in other words, spending what they've accumulated to make ends meet.
Not when millions
of Americans are beset by plummeting home prices,
stagnant income levels, deteriorating job opportunities and rising consumer prices.
As someone whose household
income has been
stagnant for several years — until this year, when it's dropping significantly — let me state categorically that I would welcome the opportunity
of paying more taxes on a higher
income.
Income inequality is a popular political theme with the Democratic Party these days, who are pushing the message that the wealthiest 10 % are getting all
of the benefits
of the economic recovery, while everyone else has
stagnant or falling wages.
We've watched the cost
of living increase, but the
income requirements for SCHE and DHE have remained
stagnant,» said Mayor de Blasio.
In 2004, County contributions comprised more than 85 %
of the Library's operating and materials budgets with the balance made up
of State operating aid, which has remained relatively
stagnant, as well as library fines, fees and related
income.
James Browne, the author
of the report, said: «With real earnings growth slow, and more tax increases and benefit cuts to come, household
incomes are likely to remain
stagnant for some time to come.
De Blasio and city officials have said broadly that one
of the most significant drivers
of the increase in homelessness citywide has been
income inequality, writ large:
stagnant wages for workers combined with rising rents over the past decade.
Despite the steady rise in the cost
of living in New York City, the
income threshold for these programs have remained at a
stagnant $ 29,000 since 2006.
Costs are steadily rising and
incomes of students and their families often are
stagnant.
That will be impossible if, like school districts, their total salary budgets rise automatically every year, regardless
of whether total
income rises or is
stagnant.
The struggle is real: a tough job market,
stagnant incomes, and skyrocketing costs
of housing, healthcare and education.
Incomes are too low and
stagnant, cost
of living is too high, and borrowed money fed to the universities is not always well spent.
And in a world
of anaemic GDP growth &
stagnant consumer
incomes, stocks which offer the promise
of predictable and / or accelerated growth can be priced even more stratospherically.
I have no doubt that much
of the current concern over immigration in recent years stems from
stagnant real
incomes over those years.
Indeed, families acted to maintain their standard
of living in the face
of stagnant and falling wages, earnings, and
incomes during the 1970s and 1980s by having fewer children and sending both parents into the workforce, a strategy that undoubtedly has increased the stress on low -
income two - parent families (Levy, 1988), and that contributed to the rise in out -
of - wedlock births as a proportion
of all births.
And, as the cost
of living continues to rise while
incomes remain
stagnant, many people find that they are incurring a rising debt in an effort to maintain their life style.
Now... I realize that not ALL
of these 50,000 AMZ jobs will be injected into the Raleigh economy in one year, but if it takes two years, thats roughly an 11 % increase and three years 7.6 % (holding local area
income stagnant over that time frame, which it wouldn't be)
It is absolutely true that real
income earned by the lower class has remained
stagnant or slightly decreased for decades while the real
income of the wealthy has increased significantly.
When it comes to homeownership, 52 percent
of firms are concerned with millennials» ability to buy a home because
of stagnant wage growth, their debt - to -
income ratios and a slow job market.
«For all the concern about
income inequality and
stagnant wages, the economy overall is generating a lot
of income for people,» says Chris Rupkey, chief financial economist at Union Bank in New York.
Tucson's job growth remained relatively
stagnant the past five years with median household
income in the metro area 15.5 % below that
of the U. S. Several recent, high - profile jobs announcements included hundreds
of highly - skilled and highly - compensated positions.
Firms are concerned with millennials» ability to buy a home because
of stagnant wage growth, their debt - to -
income ratios and a slow job market.
Stagnant incomes and constrained credit have had greater impacts on homeownership rates since the end
of the housing boom than long - term demographic changes, and will likely continue to drive homeownership trends in the near future.»