By Josh Lehner
Oregon Office of Economic Analysis Blog.
Economic anxiety, particularly among the white working-class, has been front and center this election cycle. At the least it is one of the two main topics, and for a good (valid) reason. While a lot of our office’s focus in recent months and years has been talking about the improvements in the economy, these largely reflect positive, short-term movements around the longer-term trends of stagnant incomes and fewer middle-wage jobs for a large part of the population. That distinction matters, particularly when it comes to forecasting a biennial budget. However we cannot lose sight of the long-run developments either. Our office has conducted quite a bit of research along these lines in recent years. What follows is an effort to pull them together as some sort of reference for those interested in reading more.
Print This Post Email This Post