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Most American Households Have Tight Budgets

Congressional Republicans who favor raising taxes on the rich to reduce the deficit are harder to find these days than salad at a state fair. One argument that is commonly made is that we cannot expect...

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Don’t Let the Data Fool You — Consumption Inequality Mirrors Income...

Several important studies have shown an apparent paradox: even as income inequality has taken off over the last thirty years, differences in consumption between the rich and poor have changed slightly...

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