Welfare, Inequality, and Poverty

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder Index and a companion report, Insecurity in the States 2019, […]

The Faux Scholarship Foundation of the Regulatory Rollback Movement

With the full participation and consent of Congress, President Trump has embarked upon a radical project to freeze and roll back federal regulations that protect public health, safety, the environment, and the economy. The principal justification for this project, publicly announced by both Congress and President Trump, is the claim that regulations are costing the […]

Why Are So Many Households Unable to Cover a $400 Unexpected Expense?

Despite a strong economic recovery, about 40 percent of households in 2017 still said they would have trouble paying for a $400 unexpected expense. When households are operating under such a tight budget, building a nest egg for retirement can be challenging. This brief uses data from two Federal Reserve surveys – the Survey of […]

Trends in Retirement Security by Race/Ethnicity

Retirement security has declined in the wake of the global financial crisis and ensuing recession. Despite an extended period of recovery, half of households ages 30-59 are at risk of inadequate retirement income compared to 44 percent in 2007. The questions addressed in this brief are how the percentage at risk varies by race/ethnicity in […]

Flint: An American Failure

The story of Flint—the Michigan city in which people were harmed by drinking water that contained lead and lethal bacteria—is a warning to all struggling US communities that confront disinvestment, declining population, excessive financial focus, incompetent leadership, nontransparent government, and racism. Flint is also a tale of a persevering community, good doctors and scientists, and […]