A new Pew Research Center analysis calculates the proportion of lower income, middle income and upper income households in 1971 and 2021. The headline of the analysis is the shrinking of the American middle class over the last half century.…
At a recent meeting, a member of a prominent elected body in Michigan objected to the use of the term “social justice” in an official document, suggesting that the term is code for redistribution of wealth and class envy. When…
Interesting interactive Atlantic article on the economic well being of today's 18-35 year olds compared to those the same age in 1980. The bottom line: Michigan's median income for those 18-35 has fallen the most in the country from 1980-2013,…
MLive reports that: "College graduates are entering the most robust job market in more than a decade, according to an annual survey completed by Michigan State University (MSU). A survey from MSU’s College Employment Research Institute found that after several…
The good folks at Bridge Magazine published a guest commentary I wrote based on my commencement address at Alma College. (The Bridge column is here and the entire Alma speech here. The article was republished, to my pleasant surprise, by…
At about the same time that Google Chairman Eric Schmidt was saying "Go to college. I can’t be any clearer.", the Grand Rapids Business Journal reported that Governor Snyder at an economic summit he hosted in Grand Rapids said: "Michigan…
So says Google's Chairman Eric Schmidt in a speech at SXSW. Schmidt said: "If all you care about is money, you should go to college. If all you care about is culture and creativity, you should go to college. If all…
The Pew Research Center has just released a terrific new report entitled "The Rising Cost of Not Going to College". If you care about understanding the reality of today's economy for young adults this is a must read report. Using…