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Articles by Scott Winship

Yes, the Rich Have Become Poorer Since the Recession Started

Scott Winship | 02/24/2015

The top one percent is obviously not hurting by anyone’s standards, but it remains the case that income inequality is lower and the rich are poorer than at the start of the recession. 

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Challenges Facing Low-Income Individuals and Families

Scott Winship | 02/12/2015

I will focus my remarks on long- and short-term trends in the American labor market over the past 25 years, seeking to clarify where we do and do not face challenges. I want to move beyond the conventional wisdom that most of the economy’s problems are long-term structural ones rather than temporary effects of the Great Recession.

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Scott Winship Testimony Before the House Subcommittee on Human Resources

While policymakers face real economic challenges—including a secular rise in the duration of jobless spells, a recovery that until recently seemed to taunt us, poorer job prospects for workers with limited skills, and the continually expanding federal disability rolls—the ability of the U.S. economy to provide work for those who seek it has not diminished. Policies to help low-income individuals and families should not presume that the American job-creation machine is broken, or that our recent cyclical challenges portend a “new normal” in the coming decades.

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Another (Over-) Dramatic Portrayal of the Rise in Income Inequality

Scott Winship | 01/28/2015

Berkeley economist Emmanuel Saez has published his latest estimates on income concentration in the United States, extending a series he has produced with Thomas Piketty. He concludes that the top 1 percent captured 91 percent of the income gains from 2009 to 2012. These types of results are some of the most popular depictions of inequality trends, but it is not clear that they are saying what people think they are.

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Sorry EPI, The Rich Did Not Steal $18,000 from the Middle-Class

Scott Winship | 01/14/2014

The next two years are sure to feature myriad claims that rising income inequality has hurt the middle class, necessitating liberal policies to pull down the top. Invariably, these claims convey overly negative impressions of how the middle class is doing, omit important contextual details, exaggerate the extent to which inequality has risen, or otherwise present an inaccurate case that inequality is the source of all our troubles. 

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Did Inequality Rob Middle-Class Households Of $18,000?

Last week, the Economic Policy Institute released a report on trends in wages, earnings, and incomes called, “Wage Stagnation in Nine Charts.” The report, by EPI president Larry Mishel, Elise Gould, and Josh Bivens is a greatest-hits compilation of EPI’s attempts to show that the American middle class is in trouble because of rising inequality. It arrived just in time for Congressman Chris Van Hollen to appropriate one of the charts for a presentation at the Center for American Progress laying out a new Democratic agenda to reduce income disparities.

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Labor-Force Participation Among Men Is Declining As Disability Claims Rise

Scott Winship | 01/13/2015

The Great Recession amplified the economic anxieties that Americans experience in good and bad times. It also focused policy and media attention on economic problems that predate the downturn by decades.

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Workers Get The Same Slice of the Pie As They Always Have

Scott Winship | 12/17/2014

A couple of posts ago, I showed that when analyzed properly, hourly pay has risen just as much as productivity since 1947. The keys to getting the analysis right are to

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Expand Opportunity to Boost Growth

Scott Winship | 11/26/2014

Over human history, nothing has expanded opportunity more successfully than economic growth. Indeed, growth is nothing if not a machine to fulfill ever more of the wants and needs of ever more people. But economic growth alone has been insufficient for ensuring equal opportunity to benefit from growth or contribute to it.

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