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Middle Class Economy

Being a woman in a schizophrenic male world

Monique Villa | Posted 05.27.2013 | Women
Monique Villa

This past week, chatting away at the dinner table, I was asked about one of my favorite books. My answer was swift: 'Il Gattopardo' -"The Leopard"- th...

Two People Corporate America and the GOP Should Listen to

Edwin D. Hill | Posted 05.18.2013 | Business
Edwin D. Hill

We can expect that some of the folks Bair is criticizing will say that she hasn't had experience running a business. If so, what would they say in response to Craig Jelinek, who shares her concerns about growing wealth inequality in America?

Don't Pull Up the Ladder

Angela Glover Blackwell | Posted 04.22.2013 | Politics
Angela Glover Blackwell

As the nation heads toward a multicultural, multiracial future, sustained growth hinges on our ability to apply everyone's talents and creativity to building the next economy.

The Truth About the Middle Class

Rep. Jan Schakowsky | Posted 04.01.2013 | Politics
Rep. Jan Schakowsky

"The Myth of a Stagnant Middle Class" by Donald Boudreaux and Mark Perry argues that the stagnant middle class is a "myth." They are wrong. The truth is the middle class is not only stagnant but it is my fear that, without sustained and focused action, it is at risk of disappearing.

Jason Linkins

The Wall Street Journal Doesn't Actually Know Any Middle-Class Americans | Jason Linkins | Posted 01.16.2013 | Politics

Matt Yglesias highlights this infographic from a Wall Street Journal article that endeavors to explain how the fiscal cliff resolution will impact tax...

Dave Jamieson

The Road Forward: Employment Problems Loom Over Obama's Second Term | Dave Jamieson | Posted 01.24.2013 | Politics

WASHINGTON -- On election night in Chicago two months ago, President Barack Obama triumphantly pledged to fight for a middle class he'd appealed to re...

Bonnie Kavoussi

Obama's Fiscal Cliff Tax Cave May Boost The Economy | Bonnie Kavoussi | Posted 01.23.2014 | Business

Some progressives have blasted President Barack Obama for letting payroll taxes rise. Critics argue that the economy will suffer because the president...

The Kitchen Table Politics of the Fiscal Cliff

Candice Burns | Posted 02.03.2013 | Politics
Candice Burns

Can I pay the rent or mortgage this month? Can Mom or Dad sign the kids up for that after-school program or buy that extra notebook for math class? Can the college graduate afford the studio apartment or have to live at home in the basement?

Most Expensive Cities In The U.S. Aren't What You'd Expect

The Huffington Post | Alexis Kleinman | Posted 10.24.2012 | Business

New Yorkers may complain about paying $1,500 a month for a shoebox-sized apartment, but as it turns out, they don't have it so bad. New York is no...

Defying Gravity: The History of 40 Years of Wealth Falling Up

Dan Froomkin | Posted 12.22.2012 | Books
Dan Froomkin

Who stole the American Dream? The short answer to the question in the title of Hedrick Smith's new book is: The U.S. Chamber of Commerce and Wal-Mart. But the longer answer is one heck of a story, told by one of the great journalists of our time.

U.S. Recessions Deplete Middle-Skill Jobs, Study Finds

The Huffington Post | Bonnie Kavoussi | Posted 10.15.2012 | Business

Recessions are costing America middle-class jobs. Over the past two decades, U.S. employers often have laid off routine, middle-skill workers duri...

The Economic Index Obama Doesn't Want You To Know About

The Huffington Post | Caroline Fairchild | Posted 10.10.2012 | Money

While September's jobs report may have brought a sigh of relief to President Obama and the nation, the economic reality facing middle-income families ...

Presidential Debate One: Well-Crafted Axelrod Strategy -- Or a Plan Gone Awry?

Kathleen Reardon | Posted 12.04.2012 | Politics
Kathleen Reardon

Voters who support Obama need to see him want to be reelected. They want him to show that passion and desire. He isn't standing at that podium only for himself.

America in Denial

Tavis Smiley | Posted 11.24.2012 | Politics
Tavis Smiley

Americans seem to be in a perpetual state of denial. About our past, our present and our future. A friend of mine teases that even Americans who don't live in a state of denial, tend to be frequent visitors. What are we in denial about?

Policy Matters! Wednesday's Income, Poverty, and Insurance Coverage Data

Jared Bernstein | Posted 11.14.2012 | Politics
Jared Bernstein

A year ago, President Obama introduced the American Jobs Act. The fact that Congress was unwilling to approve these jobs measures is one reason middle class families continue to struggle and why the growth that we are generating is doing an end run around them. In fact, if you think back to 2011, instead of debating jobs measures that could have helped middle class and low-income workers, what was Congress fighting about? Whether or not to default on the national debt. And now there's the specter of the fiscal cliff, another potential self-inflicted wound to an economy that needs a shot in the arm not a punch in the head.

Is The Middle Class Dying?

The Huffington Post | Bonnie Kavoussi | Posted 09.13.2012 | Money

There is an implicit promise in America that as long as you work hard, you can raise a family and lead a comfortable life. But is the U.S. keeping thi...

What Is the Middle Class Nowadays?

Grant Cardone | Posted 11.06.2012 | Money
Grant Cardone

Can you find one person in the middle of the middle class that is feeling secure, safe, and encouraged by their financial future? No, what you find in today's middle class is uncertainty, insecurity, fear, and attempts at holding on with very little results.

Bread and Roses: Reflections on Labor Day

Diane Russell | Posted 11.03.2012 | Politics
Diane Russell

When the history books write about the past couple of years, we will be part of the masses they write about -- the ones who stood up against all odds, in solidarity, for what we believed in.

Low-Paying Jobs Are Replacing Middle-Class Work

The Huffington Post | Bonnie Kavoussi | Posted 09.03.2012 | Business

Jobs that can sustain a middle-class lifestyle are disappearing, as low-wage jobs take their place, according to a new study by the National Employmen...

A New Report on the Middle Class

Jared Bernstein | Posted 10.23.2012 | Business
Jared Bernstein

The Pew Research Center just released a report worth a close look, called "The Lost Decade of the Middle Class."

A Story of Class & Morality

Jane Devin | Posted 10.02.2012 | Home
Jane Devin

A middle-class that continues to perpetuate certain myths and myopic judgments -- that finds it easier to turn against themselves and poorer others rather than rationally examine the entire picture, is only hurting themselves more.

Dear Mitt, We Are Not Who You Think We Are: Romney's Warped View of the Middle Class

Paolo Romanacci | Posted 09.25.2012 | Politics
Paolo Romanacci

How could Mitt Romney know what working Americans really want or need? His entire life he has been surrounded by tycoons, oligarchs and plutocrats who all share his philosophy about life.

Lenddo's Social Credit Score: How Who You Know Might Affect Your Next Loan

Bethy Hardeman | Posted 08.14.2012 | Money
Bethy Hardeman

Could the future bring banks developing their own type of "social reputation credit score"? Perhaps, but only if it's proven to be a profitable method. That's where Lenddo could serve as a market test, free of charge to the banks.

The Middle-Class Solution: GET OUT!

Grant Cardone | Posted 08.01.2012 | Money
Grant Cardone

People in the middle class must understand that it is no longer the safe haven of inspiration it was for their parents. Particularly, its lower and middle bands do not make enough money to save enough to create financial security.

The Myth of the Myth of the Disappearing Middle Class

Jared Bernstein | Posted 05.30.2012 | Money
Jared Bernstein

"The myth of the disappearing middle class" is a canard. Indeed, most living standards analysts think of the middle class as some chunk in the middle of the income distribution -- say the middle fifth or some variation therein -- which of course cannot by definition "disappear." I've been writing about middle class economics for decades and not once did I or my colleagues argue "disappearance." However, we did, and do, argue that the wage and income growth of middle class workers and families has weakened over time -- that the middle class has become increasingly squeezed. To understand the middle class squeeze, you've got to look at wages and hours.