Economy
Earnings Are Rising, Along With the Damned Rent
New Census findings show an increase in incomes and a decrease in poverty, but rents are rising.
The news out of Tuesday’s U.S. Census data release is unambiguously good.
There are three indicators of well-being in the annual Current Population Survey report on home economics. This year, for the first time since 1999, all three of those indicators are pointing in the right direction. Jason Furman, the chair of the White House’s Council of Economic Advisers, called the news “the best Income, Poverty & Health Insurance report ever.”