31
January 2017
Past Event
Economic Insecurity: American Wealth and the "Lost" Middle Class

Economic Insecurity: American Wealth and the "Lost" Middle Class

Past Event
Hudson Institute, Washington, D.C. Headquarters
January 31, 2017
31
January 2017
Past Event

1201 Pennsylvania Avenue, N.W., Suite 400
Washington, DC 20004

Speakers:
john_weicher
John C. Weicher

Former Senior Fellow

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.

View Dr. Weicher's slides.

Related Events
03
June 2025
In-Person Event | Hudson Institute
Unbroken: One Uyghur’s Fight for Freedom with Rushan Abbas
Featured Speakers:
Rushan Abbas
Dean Baxendale
Damon Wilson
Moderator:
Olivia Enos
Getty Images
03
June 2025
In-Person Event | Hudson Institute
Unbroken: One Uyghur’s Fight for Freedom with Rushan Abbas

Join Hudson for a discussion of the book and the ways the United States and other countries can support the Uyghur people in their time of need.

Getty Images
Featured Speakers:
Rushan Abbas
Dean Baxendale
Damon Wilson
Moderator:
Olivia Enos
23
May 2025
Past Event
Trump and the Gulf
Featured Speakers:
Michael Doran
Bernard Haykel
Moderator:
Zineb Riboua
Saudi and United States flags fly as Air Force One arrives at King Khalid International Airport in Riyadh, Saudi Arabia, on May 13, 2025. (Getty Images)
23
May 2025
Past Event
Trump and the Gulf
Saudi and United States flags fly as Air Force One arrives at King Khalid International Airport in Riyadh, Saudi Arabia, on May 13, 2025. (Getty Images)
Featured Speakers:
Michael Doran
Bernard Haykel
Moderator:
Zineb Riboua
19
May 2025
Past Event
The Rt. Hon. Sir Iain Duncan Smith MP on How the West Can Overcome the Totalitarian Axis
Featured Speakers:
Sir Iain Duncan Smith
Daniel Kochis
Getty Images
19
May 2025
Past Event
The Rt. Hon. Sir Iain Duncan Smith MP on How the West Can Overcome the Totalitarian Axis

Join Hudson for a discussion with Sir Iain on the economic, political, and security measures the US and its allies need to take to defeat the rising authoritarian axis.

Getty Images
Featured Speakers:
Sir Iain Duncan Smith
Daniel Kochis
16
May 2025
Past Event
How the US and Japan Can Prevent War with China
Featured Speakers:
Masashi Murano
Iku Tsujihiro
A Japan Air Self Defense Force F-2 at Kadena Air Base in Japan on April 23, 2023. (DVIDS)
16
May 2025
Past Event
How the US and Japan Can Prevent War with China

Masashi Murano will sit down with Japan Chair Research Associate Iku Tsujihiro to discuss his new book, Preventing a US-China War.

A Japan Air Self Defense Force F-2 at Kadena Air Base in Japan on April 23, 2023. (DVIDS)
Featured Speakers:
Masashi Murano
Iku Tsujihiro