The Institute For Fiscal Studies – Biggest one-year fall in middle incomes since 1981<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThe fall in median income in 2010\u201311 of 3.1% was the largest one-year fall since 1981 and returned it to the level last seen in 2004\u201305,\u201d says Jonathan Cribb, a Research Economist at the IFS. \u201cThis was driven largely by a decline in real earnings as the impact of the late 2000s recession on incomes … <\/p>\n
Continue reading “The Institute For Fiscal Studies – Biggest one-year fall in middle incomes since 1981”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33],"tags":[2272],"class_list":["post-4619","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","tag-median-household-income"],"yoast_head":"\nThe Institute For Fiscal Studies - Biggest one-year fall in middle incomes since 1981 - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Institute For Fiscal Studies - Biggest one-year fall in middle incomes since 1981 - the patient investor\" \/>\n<meta property=\"og:description\" content=\"\u201cThe fall in median income in 2010\u201311 of 3.1% was the largest one-year fall since 1981 and returned it to the level last seen in 2004\u201305,\u201d says Jonathan Cribb, a Research Economist at the IFS. \u201cThis was driven largely by a decline in real earnings as the impact of the late 2000s recession on incomes … Continue reading "The Institute For Fiscal Studies – Biggest one-year fall in middle incomes since 1981"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-15T05:16:58+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"The Institute For Fiscal Studies – Biggest one-year fall in middle incomes since 1981\",\"datePublished\":\"2012-06-15T05:16:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/\"},\"wordCount\":121,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"median household income\"],\"articleSection\":[\"Economy\",\"UK & Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/15\/the-institute-for-fiscal-studies-biggest-one-year-fall-in-middle-incomes-since-1981\/\",\"name\":\"The Institute For Fiscal Studies - 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That\u2019s 8.1 percent lower than it had been in 2007, the year before the recession, and almost 9 percent lower than the peak income level reached in 1999. The last time median household\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1251,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/10\/median-u-s-household-income-continues-to-fall-after-the-recession-financial-news\/","url_meta":{"origin":4619,"position":1},"title":"Median U.S. Household Income Continues to Fall after the Recession – Financial News","author":"ColinTwiggs","date":"October 10, 2011","format":false,"excerpt":"Gordon W. Green Jr. and John F. Coder, former Census Bureau officials, wrote a report based on Census data that explored household incomes during and after the recession. They found that starting in June 2009, at the official end of the recession, up to June 2011, the inflation-adjusted median household\u2026","rel":"","context":"In "US & Canada"","block_context":{"text":"US & Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52731,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/13\/us-consumer-incomes-and-credit-card-debt\/","url_meta":{"origin":4619,"position":2},"title":"US consumer incomes and credit card debt","author":"Colin Twiggs","date":"May 13, 2024","format":false,"excerpt":"Many market commentators talk about the struggling US consumer, with rising costs forcing them to take on expensive debt, but this is not borne out by the data. Real disposable personal income per capita (blue below) reached $50.4K in March, compared to the pre-pandemic peak of $48K in Feb 2020.\u2026","rel":"","context":"In "Debt Levels"","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"Real Disposable Personal Income Per Capita & Government Transfers","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-12-realdspi-percapita.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":5432,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/12\/raising-taxes-73-of-nothing-is-nothing\/","url_meta":{"origin":4619,"position":3},"title":"Raising taxes: 73% of nothing is nothing","author":"Colin Twiggs","date":"September 12, 2012","format":false,"excerpt":"President Francois Hollande recently increased the top income tax rate in France to 75 percent -- for incomes in excess of \u20ac1 million. This is part of a wider trend with President Obama targeting the wealthy in his election campaign, promising to raise taxes on incomes in excess of $1\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31539,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/03\/17\/retail-spending-steady-but-real-incomes-fall\/","url_meta":{"origin":4619,"position":4},"title":"Retail spending steady but real incomes fall","author":"Colin Twiggs","date":"March 17, 2022","format":false,"excerpt":"Retail sales for February are still considerably above their long-term trend (dotted line) even when adjusted for inflation (CPI). Above-trend demand -- in addition to supply chain shortages -- adds to inflationary pressure. Real disposable personal income is falling below trend (dotted line) as government transfers decline. After a sharp\u2026","rel":"","context":"In "GDP and Activity"","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"Retail Sales\/CPI","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-16-retail-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-16-retail-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-16-retail-cpi.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-16-retail-cpi.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10064,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/22\/the-inequality-debate-thomas-piketty-and-ryan-bourne-iea\/","url_meta":{"origin":4619,"position":5},"title":"The inequality debate | Thomas Piketty and Ryan Bourne IEA","author":"ColinTwiggs","date":"June 22, 2014","format":false,"excerpt":"The inequality debate: Thomas Piketty and Ryan Bourne, of the Institute of Economic Affairs. http:\/\/vimeo.com\/98715433 One mistake Piketty makes: he uses a marginal tax rate of 80% in the US in the 1920s and 1930s on incomes over $1 million to justify higher taxes on incomes over $1 million today.\u2026","rel":"","context":"In "Taxes & Inequality"","block_context":{"text":"Taxes & Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4619"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4619\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}