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October 4, 2015
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Tag: Middle Class

Labor Day

Posted on Sep 6, 2015 READ MORE

Game of Groans: How Focus on Trump’s Taunts Hides GOP War on Middle Class and Workers (Video)

The condition of late capitalism produces a press discourse strangely devoid of any mention of class.

Posted on Aug 10, 2015 READ MORE

The Middle Class, Too, Is Keeping Poor Kids Back, U.K. Study Finds

A report by the Social Mobility and Child Poverty Commission in the United Kingdom found that wealthier parents hoard the best opportunities for their own children, ensuring that smarter kids who are financially disadvantaged stay put in the socioeconomic hierarchy.

Posted on Jul 28, 2015 READ MORE

VIDEO: A Break for the Middle Class: Overtime

Finally, a bit of good news for hardworking Americans.

Posted on Jul 1, 2015 READ MORE

Number of U.S. Homeowners Hits 20-Year Low

In 2014, the rate of Americans who own their homes slid for the 10th consecutive year, to 64.5 percent—the lowest level in 20 years, according to a report by the Joint Center for Housing Studies at Harvard University.

Posted on Jun 25, 2015 READ MORE

AUDIO: Chris Hedges on the Implosion of Global Capitalism

In this sweeping survey of an international crisis caused by “global capitalism based on speculation,” author, Truthdig columnist and activist Chris Hedges delivers a stark and urgent apprisal of the worldwide catastrophe that’s sure to come if the current system isn’t confronted and forced to change.

Posted on May 26, 2015 READ MORE

The U.S. and Israel Have the Worst Income Inequality in the Developed World

A new report finds that the gap between rich and poor in the developed world is at its highest level in 30 years in most countries—and that the U.S. and Israel are leading the trend.

Posted on May 21, 2015 READ MORE

Hillary Clinton Spells It Out in Debut Ad: ‘I’m Running for President’

No doubt aiming to show voters that she’s in touch with the struggles and hopes of everyday Americans, Hillary Clinton unleashed a folksy first campaign spot Sunday to coincide with her announcement that she’s officially running for president in 2016.

Posted on Apr 12, 2015 READ MORE

Hillary Clinton 2016: 3 ... 2 ... 1 ... (Updated)

By all indications, today will be the day when Hillary Clinton officially announces that she will, in fact, be running for president in the 2016 election.

Posted on Apr 12, 2015 READ MORE

A Deepening Democratic Party Divide

For those pining for a Democratic Party that tries to represent more than the whims of the rich and powerful, these are, to say the least, confusing times.

Posted on Apr 4, 2015 READ MORE

The Political Revolution We Desperately Need

The good news is that the economy today is much better than it was six years ago when George W. Bush left office. The bad news is that, despite these improvements, the 40-year decline of the American middle class continues.

Posted on Apr 4, 2015 READ MORE

House Republicans Approve $5 Trillion in Budget Cuts

House Republicans on Wednesday night passed a budget that eliminates nearly $5 trillion from social welfare programs over the next decade and envisions regressive tax reforms and calls for the repeal of President Obama’s health care law.

Posted on Mar 26, 2015 READ MORE

The Republican Budget Plan Will Devastate American Families

As I understand the Republican view of our country, as manifested in the House and Senate budgets, millions of middle class and working families need to see a major reduction in federal programs that help make their lives, and the lives of their kids, a little bit better.

Posted on Mar 19, 2015 READ MORE

The Majority of Americans Want to Raise Taxes on the Rich, So What Gives?

Elected officials are usually voted in to represent their constituents. So why do Republicans in Congress oppose Obama’s plan to raise investment taxes on the rich when two-thirds of Americans think the wealthy aren’t paying enough in taxes?

Posted on Feb 25, 2015 READ MORE

How Trade Deals Boost the Top 1 Percent and Bust the Rest

I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains.

Posted on Feb 17, 2015 READ MORE

The Middle Class Can’t Be Saved Unless Wall Street Is Tamed

Do we really need reminding about what happened six years ago?

Posted on Jan 27, 2015 READ MORE

State of the Union 2015: Lethal, Predatory, Delusional

“In his next-to-last State of the Union address,” writes Glen Ford, Editor of the Black Agenda Report, “President Obama flashed the suckers a bag of tricks that has no chance of passing the Republican-controlled Congress, but will allow his apologists to claim that the genuine, more progressive Obama is revealing himself in his final two years in office.”

Posted on Jan 22, 2015 READ MORE

SOTU 2015: Obama Sets the Tone for His Final Stretch

President Obama will face two Republican-controlled chambers of Congress during his State of the Union speech Tuesday night as he enters the last two years of his presidency.

Posted on Jan 20, 2015 READ MORE

Are Conservatives Actually Becoming More Compassionate?

Jeb Bush and Mitt Romney are zeroing in on inequality as America’s fundamental economic problem.

Posted on Jan 19, 2015 READ MORE

SOTU Preview: Obama to Pitch Plan to Raise Taxes on the Wealthy

President Obama appears as though he’s not about to take the whole lame-duck thing (not to mention the Republican-lockdown-on-Congress thing) sitting down, given his outline for Tuesday’s State of the Union address.

Posted on Jan 18, 2015 READ MORE

Time for the GOP to Pitch In

With Republican majorities in both houses, the new Congress should begin by focusing on traditional GOP priorities: improving the nation’s sagging infrastructure, reforming an unwieldy tax code and finding ways to boost middle-class opportunity.

Posted on Jan 6, 2015 READ MORE

IRS Seizes Money From Guiltless Americans on Mere Suspicion

A controversial area of law empowers the IRS to confiscate significant sums of money from “run-of-the-mill business owners and wage earners without so much as an allegation” and “without ever filing a criminal complaint,” leaving the owners “to prove they are innocent,” The New York Times reports.

Posted on Oct 26, 2014 READ MORE

Minimum Wage and Tips

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

Posted on May 10, 2014 READ MORE

U.S. Middle Class

Posted on May 3, 2014 READ MORE


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 (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

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

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

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

Posted on Oct 10, 2013 READ MORE

1 Birdie

Posted on Sep 27, 2013 READ MORE

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