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The Rising Instability of American Family Incomes, 1969-2004
 

The Rising Instability of American Family Incomes, 1969-2004

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Via ourfuture.org: This presentation by the Economic Policy Institute shows the extent and impact of income instability now experienced by households, especially since 2000. Uploaded by Campaign for ...

Via ourfuture.org: This presentation by the Economic Policy Institute shows the extent and impact of income instability now experienced by households, especially since 2000. Uploaded by Campaign for America's Future.

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The Rising Instability of American Family Incomes, 1969-2004 The Rising Instability of American Family Incomes, 1969-2004 Presentation Transcript

  • The Rising Instability of American Family Incomes, 1969-2004 Jacob S. Hacker* Yale & New America Foundation Elisabeth Jacobs Harvard & Brookings Institution *with the assistance of Frank Limbrock and Nigar Nargis
  • Source: MetLife American Dream Survey, November 2006.
  • “ Compared to 10 years ago, do you think Americans today have…” Source: Rockefeller Foundation American Worker Survey, February 2007.
  • Cumulative Growth in Family Income Volatility Since 1973
  • Percentage of Working-Age Americans for Whom Family Income Declined by at Least 50 percent
  • Volatility of Male Heads’ Earnings
  • Average Family Income Volatility by Education Level and Time Period
  • Source: Congressional Budget Office, Effective Federal Tax Rates, 2007. Average Income (After taxes; 2005 dollars)
  • Would you prefer “the stability of knowing your present sources of income are protected” or “the opportunity to make more money”? INCOME SECURITY MORE MONEY Source: George Washington University Battleground Survey, March 24, 2005.