Middle Class

The growing likelihood of recession, at best sharply lower growth and maybe 1970s-style stagflation, seems likely to further accentuate the class and political divisions already rubbed raw by the pandemic and a global supply crisis.  read more »

Demographia United States Housing Affordability rates middle-income housing affordability, using the median multiple, a measurement of income in relation to housing prices, or 189 major markets (metropolitan areas) for the third quarter of 2021.  read more »

America is suffering from a worker shortage, but a more persistent and perhaps even urgent problem is the profound lack of skills among younger Americans.  read more »

Joe Biden was right to propose free Pre-K education for 3- and 4-year-olds and free community college in his initial legislative package, rather than pushing for free public university education and the cancellation of college debt.  read more »

The future shape of post-Covid America is beginning to emerge. As demographic trends and surveys indicate, the pandemic has helped accelerate large, epochal changes in the nation’s geography.  read more »

Here’s a followup to the post from earlier this week about my experience at a “Restoring the Urban Middle Class” conference in Houston a couple weeks ago.  read more »

Across the West, the young are losing faith in the future.

The recent French election provides a case study. In the first round vote, voters narrowly favored President Emmanuel Macron, the epitome of “enlightened” elite rule, over Marine Le Pen, the doyenne of French fascism.  read more »

Whatever the final outcome, the recent French elections have already revealed the comparative irrelevance of many elite concerns, from gender fluidity and racial injustice to the ever-present ‘climate catastrophe’. Instead, most voters in France and elsewhere are more concerned about soaring energy, food and housing costs.  read more »

The notion that “the arc of history” favors humanity extends across the political spectrum from George W. Bush to Barack Obama.  read more »

Demographia International Housing Affordability rates middle-income housing affordability in 92 major housing markets in eight nations: Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom and the United States).  read more »