Despite Public Fears, European Inflation Remains Tame
Although a Pew Research Center survey found concern in European Union countries about rising prices, the European statistical agency said the EU’s annual inflation rate in April was 1.4%, down from a rate of 2.7% in April 2012.
Egypt’s National Mood Turns Grim
Months of political uncertainty, a weak economy and often violent street protests have resulted in a majority of Egyptians saying they are dissatisfied with the way their new democracy is working.
France and Germany: A Tale of Two Countries Drifting Apart
A political, economic and demographic divide has opened up between France and Germany.
Threat to the EU: German Exceptionalism Poses a Challenge
The euro crisis has exposed a range of intra-European problems long hidden from the harsh light of day. Not the least of these is German exceptionalism.
Europeans Grow Dissatisfied with the Inequities of the Economic System
In what is now the fifth year in the wake of the Great Recession, Europeans believe that inequality is now a major problem in their societies and think that things will only get worse.
A European Malaise
Positive views of the EU are at or near their low point in most EU nations, even among the young. And fewer Europeans now say economic integration has strengthened their nation’s economy than did a year ago.
An Uneven Wealth Recovery in the U.S.
During the first two years of the nation’s economic recovery, wealth inequality increased as aggregate wealth rose for the wealthiest 7% of households, but fell for the bottom 93%.
A Recovery No Better than the Recession
The median income of American households decreased by as much in the two years after the official end of the Great Recession as it did during the recession itself. The current recovery is the worst for household income for any post-recession period in decades.
A Third of Americans Now Say They Are in the Lower Classes
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center.
Americans Feel No Better or Worse Off in the Obama Years; Politics Colors Views of Recession’s Toll
Americans do not rate their personal finances any better –or worse – than they did when Barack Obama took office nearly four years ago. And while income is a major factor in people’s views of their personal finances, so too is their partisan affiliation.