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Tag: Middle Class

Minimum Wage and Tips

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Posted on Oct 11, 2014 READ MORE



Why College Shouldn’t Be the Only Gateway to the Middle Class

This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree.

Posted on Sep 2, 2014 READ MORE



Hillary’s Hardest Choice (and the Democrats’ Dilemma)

What’s the reason for the tempest in the teapot of Hillary and Bill Clinton’s personal finances?

Posted on Jun 30, 2014 READ MORE



Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE


Elizabeth Warren and Thomas Piketty Explain How Wealth Trickles ‘Up,’ Not Down

The two best-selling authors discuss the American economy and the growth of income disparity plaguing the nation in a HuffPost Live segment that shouldn’t be missed.

Posted on Jun 4, 2014 READ MORE


The One Percent

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Posted on May 10, 2014 READ MORE


U.S. Middle Class

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Posted on May 3, 2014 READ MORE



Shutterstock

The Great U Turn

Do you recall a time in America when the income of a single school teacher or baker or salesman or mechanic was enough to buy a home, have two cars, and raise a family?

Posted on Mar 7, 2014 READ MORE


Noam Chomsky on Some Simple Ways to Ruin an Economy

Scholar, philosopher and activist Noam Chomsky kicks off this talk filmed last month with a simple, provocative premise: “Let’s pose that for some perverse reason that we were interested in ruining an economy and a society.” Now, who would want to go and do a thing like that?

Posted on Mar 6, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

America’s ‘We’ Problem

America has a serious “We” problem—as in “Why should we pay for them?”

Posted on Feb 15, 2014 READ MORE



A Tale of One of the New ‘Have Nots’

“I used to have a house. I used to go on vacations. I used to shop at department stores, get my hair done and even enjoy pedicures. Now, I don’t. I’m a member of the American ‘Used-to-Haves,’ ” Kathleen Ann writes at The Huffington Post.

Posted on Feb 9, 2014 READ MORE



Brazil’s Leaders Set Lower and Middle Classes Against Each Other

“In Brazil there is a saying: ‘A good thief is a dead thief,’ ” journalist Nicole Froio writes at The Guardian. “These words have never been more relevant in today’s Brazilian class-ridden landscape, where prejudice, violence and racism run free.”

Posted on Feb 9, 2014 READ MORE



Brazil’s ‘Rolezinhos’ Want a Place at the Table

Huge numbers of youths from Brazil’s new middle class—raised in shanty towns but educated in public universities—are congregating in shopping malls where they feel closest to the consumerist dream. And due to police repression, they’re becoming spontaneous expressions of public hope, frustration and yearning.

Posted on Feb 8, 2014 READ MORE


The War on the Poor and Middle-Class Families

By Robert Reich

Most Americans are on a downward escalator.

Posted on Feb 8, 2014 READ MORE



marsmet531 (CC BY-NC-SA 2.0)

Why Widening Inequality Is Hobbling Equal Opportunity

Is it to be inequality or equal opportunity?

Posted on Feb 6, 2014 READ MORE



chris.corwin (CC BY SA 2.0)

Why There’s No Outcry for a Revolution in America

Middle incomes are sinking, the ranks of the poor are swelling, almost all the economic gains are going to the top, and big money is corrupting our democracy. So why isn’t there more of a ruckus?

Posted on Jan 27, 2014 READ MORE



Obama to Get ‘Optimistic,’ but Not Too Ambitious, in State of the Union Speech

Tuesday’s State of the Union address practically writes itself: President Obama will gesture, once again, at the fanciful notion of bipartisan cooperation (while flexing executive muscle) and restate the need to rebuild America’s middle class—all with an eye on the Senate race in 2014 and beyond.

Posted on Jan 26, 2014 READ MORE



David Brooks’ Utter Ignorance About Inequality

Occasionally David Brooks, who personifies the oxymoron “conservative thinker” better than anyone I know, displays such profound ignorance that a rejoinder is necessary lest his illogic permanently pollute public debate.

Posted on Jan 20, 2014 READ MORE


Economic Recovery

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Posted on Jan 2, 2014 READ MORE



DonkeyHotey (CC BY 2.0)

Why Are Wages Low? Blame Workers for Not Knowing They Are, in Fact, Workers

The anti-union movement won the battle of self-perception. Union-friendly blue-collar workers have been supplanted by white-collar office drones who don’t see themselves as candidates for unionization because they don’t really see themselves as workers, author Edward McClelland argues.

Posted on Dec 31, 2013 READ MORE


Oh Christmas Tree

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Posted on Nov 30, 2013 READ MORE



drp (CC BY-NC-ND 2.0)

Nearly 9 of 10 Low-Wage Workers Fear They Can’t Make Ends Meet

A new poll finds that workers on the bottom rungs of the economic ladder face job-loss anxiety levels not seen since the 1970s. The vast majority also say they fear their family incomes can’t keep them afloat financially. This is the American economic reality for those not riding the Dow Jones average.

Posted on Nov 26, 2013 READ MORE


Elizabeth Warren: ‘Make No Mistake, There Is a [Retirement] Crisis’

After The Washington Post mocked the idea of Americans facing a looming retirement crisis, the inimitable senator from Massachusetts took to her chamber’s floor to remind us that talking about Social Security benefits isn’t about “math, [it’s] about our values.”

Posted on Nov 21, 2013 READ MORE


Food Stamp Cuts

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Posted on Nov 14, 2013 READ MORE



The Economics of Middle-Class Identity

As the recession forces many of us to frequently change jobs and work in servile positions, defining whom we are becomes increasingly difficult; Karl Marx is considered by some to be the world’s most influential scholar; meanwhile, animals can speak, scientists find, but they don’t say much beyond the basics. These discoveries and more after the jump.

Posted on Nov 12, 2013 READ MORE


Car Prices

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Posted on Oct 10, 2013 READ MORE


1 Birdie

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Posted on Sep 27, 2013 READ MORE



Bye-Bye, Middle Class

Washington stood idly by as the 1 percent killed the middle class; building sturdy relationships with neighbors is important to leading a healthy life; meanwhile, the Senate is creating an elitist definition of what an “official” journalist is. These discoveries and more after the jump.

Posted on Sep 21, 2013 READ MORE



Juror Dismissed for Being Gay

In California, the question of whether a member of a jury can be excluded due to his or her sexual orientation has come up; the stock market cheats the middle class; meanwhile, videos have been released showing Iran’s involvement in training Syrian soldiers. These discoveries and more after the jump.

Posted on Sep 19, 2013 READ MORE



roeyahram (CC BY-NC-ND 2.0)

The Guilt-Propelled Slavery of America’s Tipping Culture

Gratuities—generally 15-20 percent in the U.S.—perpetuate a slave-master binary that is fueled by a sense of karma, writer and musician Ian Svenonius argues. Whatever the reasons for tipping someone, doing so justifies the service industry’s mistreatment of workers while deluding and encouraging them with the overhanging carrot of the tip jar.

Posted on Sep 9, 2013 READ MORE


Labor Day

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Posted on Sep 2, 2013 READ MORE


Middle-Class Fall

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Posted on Jul 13, 2013 READ MORE



YouTube/AnothonyWeiner4Mayor

Anthony Weiner Announces NYC Mayoral Bid (Video)

In an attempt at a political comeback after accidentally sharing his sex life with the world through Twitter, the six-term congressman has decided to run for office again.

Posted on May 22, 2013 READ MORE



College: A Lesson in Inequality

Rather than bridging economic disparities between students, higher education seems to be widening them; although Google’s new customizable maps sound like a great idea, they filter out a lot of useful information; and although some would like to blame the collapse of the middle class on the Internet, truth is it was falling apart long before the World Wide Web. These discoveries and more after the jump.

Posted on May 20, 2013 READ MORE


The Disuniting of America

We come together as Americans when confronting common disasters and common threats, such as occurred in Boston on Monday, but we continue to split apart economically.

Posted on Apr 17, 2013 READ MORE



Image via Shutterstock

Why This Is the Worst Recovery on Record

The biggest economic debate is between Keynesians (who want more government spending and lower interest rates in order to fuel demand) and supply-side “austerics” (who want lower taxes on the wealthy and on corporations to boost incentives to hire and invest, and who see government deficits crowding out private investment). Both approaches have problems.

Posted on Apr 16, 2013 READ MORE


Ryan the Redistributionist

The Republican Party makeover is breathtaking. Now, suddenly, instead of accusing Democrats of being “redistributionists,” the GOP is posing as defender of the middle class against corporate America—and it’s doing so by proposing to do away with the most progressive piece of legislation in well over a decade.

Posted on Mar 12, 2013 READ MORE


Beachfront

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Posted on Jan 27, 2013 READ MORE


Golden Parachute

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Posted on Dec 29, 2012 READ MORE



Flickr/tiseb

Why the Fed’s Jobs Program Will Fail

For the first time, the Federal Reserve has explicitly linked interest rates to unemployment. Rates will remain near zero “at least as long” as unemployment remains above 6.5 percent and if inflation is projected to be no more than 2.5 percent.

Posted on Dec 13, 2012 READ MORE


Tax Cuts

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Posted on Dec 6, 2012 READ MORE


Wall Street Compensation

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Posted on Dec 3, 2012 READ MORE


Boehner Ball

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Posted on Nov 30, 2012 READ MORE



Kevin Cortopassi (CC BY-ND 2.0)

Where Has the British Paycheck Gone?

A new report by the Resolution Foundation shows that growth in disposable income for British families has tumbled to a meager 0.6 percent in the last decade after growing at an average rate of 2.7 percent during the previous half-century.

Posted on Oct 31, 2012 READ MORE


Back to the Future

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Posted on Sep 26, 2012 READ MORE



Gage Skidmore (CC BY-SA 2.0)

Romney Misses the ‘Middle Income’ Mark

After admitting to “Good Morning America” host George Stephanopoulos that he hasn’t read a Harvard professor’s report that he cites as justifying his economic plan, GOP presidential candidate Mitt Romney defined “middle income” as earning between $200,000 and $250,000 a year.

Posted on Sep 14, 2012 READ MORE



Packmatt (CC-BY)

Labor Day and the Election of 2012: It’s Inequality, Stupid

The most troubling economic trend facing America this Labor Day weekend is the increasing concentration of income, wealth and political power at the very top – among a handful of extraordinarily wealthy people – and the steady decline of the great American middle class.

Posted on Aug 31, 2012 READ MORE


Labor Day

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Posted on Aug 30, 2012 READ MORE


Shrinking Middle Class

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Posted on Aug 25, 2012 READ MORE


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