Wealth Gaps and Perception Gaps: A Paradox of the Great Recession
When the real estate market melted down, those hit hardest by the sharp drop in household wealth were blacks and Hispanics. But even while their wealth was being decimated, the political reaction among the nation’s minorities has been surprisingly muted.
Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics
The lopsided wealth ratios are the largest since the government began publishing such data a quarter century ago and roughly twice the size of the ratios that had prevailed between these three groups for the two decades prior to the Great Recession that ended in 2009.
One Recession, Two Americas
For a narrow majority of Americans (55%), the Great Recession brought a mix of unemployment, missed mortgage or rent payments, shrinking paychecks and shattered household budgets. But for the other 45%, the recession was largely free of such difficulties.
Many Say Coverage of the Poor and Minorities Is Too Negative
Pluralities say that coverage of poor people and Muslims is too negative, while somewhat smaller percentages say the same about coverage of blacks and Hispanics. About a third say that coverage of wealthy people is too positive — the highest percentage for any group tested.
Government Economic Policies Seen as Boon for Banks and Big Business, Not Middle Class or Poor
Partisan groups disagree sharply about many aspects of the government’s anti-recession policies — with two notable exceptions: Large majorities of independents, Republicans and Democrats all say large banks and financial institutions got the most help while few in each group say the policies have done much for the poor.
India’s Census and the Caste Question
In a controversial decision, government leaders in India have agreed that the nation’s 2011 census could include a tally of castes, the complex structure of traditional social classes last enumerated in 1931.
What Divides America?
While conflict over race may be America’s most historical and inflamed division, more Americans currently see divisions between immigrants and native-born Americans, as well as rich-poor divides, as stronger social conflicts.
Before the Current Recession, a Phantom Recovery
Pew Research Center Executive Vice President Paul Taylor’s full testimony to the Senate Finance Committee.
The Globe’s Emerging Middle Classes
As economically developing countries grow prosperous, their middle classes understandably become more satisfied with their lives and their values become more like those of the publics of advanced nations.
Middle Class, By the Numbers
The plight of Middle Americans has been much invoked by candidates from both parties this election year. Who are these folk? Here’s a self-portrait painted in statistics.