Day archives: September 15th, 2020

A majority of young adults in the U.S. live with their parents for the first time since the Great Depression

“The coronavirus outbreak has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year, surpassing the previous peak during the Great Depression era. In July, 52% of young adults …

Subjects: Economy, Financial System, Health Care, Housing

RAND – Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%

TIME: “Like many of the virus’s hardest hit victims, the United States went into the COVID-19 pandemic wracked by preexisting conditions. A fraying public health infrastructure, inadequate medical supplies, an employer-based health insurance system perversely unsuited to the moment—these and other afflictions are surely contributing to the death toll. But in addressing the causes and …

Subjects: Economy, Financial System, Health Care, Legal Research