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Tag: Middle Class


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

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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


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