Caption
An image of the US Supreme Court on July 30, 2024, in Washington, DC. (Kevin Dietsch via Getty Images)
When the Great Recession started at the end of 2007, the typical American family had a net worth of approximately $140,000. Three years later, the typical family’s net worth was approximately $85,000; three years after that, around $82,000—about the same as it was 30 years earlier. How did this happen and what are the consequences?
In a new report, Hudson Institute economist John C. Weicher has tracked the changes in the distribution of wealth in America over three decades, from the long economic expansion that began in 1983 to the current weak recovery from the Great Recession. His analysis focuses on families in the middle of the wealth distribution, in contrast to what happened to the rich and the poor. On January 31, Weicher joined Jeffrey H. Anderson and Diana Furchtgott-Roth to discuss the report's findings on the lasting impact of the Great Recession and the weak recovery on wealth and economic security in the United States.
Related Events
16
September 2024
In-Person Event | Hudson Institute
A Conversation on Russian War Crimes with Nobel Peace Prize Laureate Oleksandra Matviichuk
Featured Speakers:
Matthew Boyse
Oleksandra Matviichuk
16
September 2024
In-Person Event | Hudson Institute
A Conversation on Russian War Crimes with Nobel Peace Prize Laureate Oleksandra Matviichuk
To give an update on joint efforts to catalog Russian war crimes and to bring war criminals to justice, Matviichuk will join Senior Fellow Matt Boyse for a live conversation.
Featured Speakers:
Matthew Boyse
Oleksandra Matviichuk
16
September 2024
In-Person Event | Hudson Institute
Motwani Jadeja US-India Dialogue Series | The United States and India: Milestones Reached and the Pathway Ahead
Featured Speakers:
Aparna Pande
Richard R. Verma
16
September 2024
In-Person Event | Hudson Institute
Motwani Jadeja US-India Dialogue Series | The United States and India: Milestones Reached and the Pathway Ahead
Please join Deputy Secretary of State and former Ambassador to India Richard R. Verma and Hudson’s Dr. Aparna Pande for a conversation on the progress the US and India have made and the major lines of effort ahead.
Featured Speakers:
Aparna Pande
Richard R. Verma
17
September 2024
In-Person Event | Hudson Institute
Taiwan’s Democracy in the International Community
Featured Speakers:
Miles Yu
Michael R. Pompeo
Michael Tsai
Tom McDevitt
Ngalim Tiunn
Harper Chen
17
September 2024
In-Person Event | Hudson Institute
Taiwan’s Democracy in the International Community
Hudson’s China Center, with representatives from the Taiwan United Nations Alliance and the Washington Times, will explore Taiwan’s role on the international stage and discuss how to combat the PRC’s efforts and enhance United States–Taiwan military and diplomatic cooperation.
Featured Speakers:
Miles Yu
Michael R. Pompeo
Michael Tsai
Tom McDevitt
Ngalim Tiunn
Harper Chen
17
September 2024
In-Person Event | Hudson Institute
Democratic Resilience, Economic Security, and Sanctions Enforcement in Europe
Featured Speakers:
Laura Kovesi
Martin Vladimirov
Isaac Levi
Ruslan Stefanov
Moderator:
Matthew Boyse
17
September 2024
In-Person Event | Hudson Institute
Democratic Resilience, Economic Security, and Sanctions Enforcement in Europe
To discuss how to strengthen economic security and sanctions enforcement in Europe, Laura Kovesi, the EU public prosecutor, Martin Vladimirov, director of the Energy and Climate Program at the Center for the Study of Democracy (CSD) in Sofia, and Isaac Levi, Europe-Russia policy and energy analysis team lead at the Finland-based Centre for Research on Energy and Clean Air (CREA) will meet for a Hudson panel.
Featured Speakers:
Laura Kovesi
Martin Vladimirov
Isaac Levi
Ruslan Stefanov
Moderator:
Matthew Boyse
Related Research
Caption
Workers produce photovoltaic panel components at a workshop in Suqian, China, on December 9, 2023. (Costfoto/NurPhoto via Getty Images)
Caption
Mt. Fuji shows between skyscrapers in Tokyo, Japan, on November 14, 2023. (Kazuhiro Nogi/AFP via Getty Images)
Caption
(Screenshot via TBN+)
