Why Trump Now?

The economic forces driving this year’s nomination contests have been at work for decades. Why did the dam break now? The share of the gross national product going to labor as opposed to the share going to capital fell from 68.8 percent in 1970 to 60.7 percent by 2013, according to Loukas Karabarbounis, an economics […]

 Inequality Will Not Go Away On Its Own. Here’s How to Close the Gap.

The immediate crisis may have passed, but most Americans still haven’t recovered from the worst economic disaster since the Great Depression. Wealthy Americans, on the other hand, are doing better than ever. In the three years after the recession hit, economist Emmanuel Saez has calculated, the top 1 percent captured an incredible 91 percent of […]

Poorest Areas Have Missed Out on Boons of Recovery, Study Finds

The gap between the richest and poorest American communities has widened since the Great Recession ended, and distressed areas are faring worse just as the recovery is gaining traction across much of the country. These findings, outlined in a study to be released on Thursday by the Economic Innovation Group, a new nonprofit research and advocacy […]

Assisted Living, SNF Prices Reach Record Highs

The last year was marked by sky-high prices and low cap rates as reported by senior housing real estate investment trusts (REITs) in quarterly earnings calls, and now the numbers prove that perhaps they’ve been holding off on deals with reason. The average price for skilled nursing facilities soared to a new record of $85,900 per […]