iOS app Android app

Middle Class Pain

Laura Bassett

DISAPPEARING MIDDLE CLASS: 60-Year-Old Couple Lose Their Jobs And Home | Laura Bassett | Posted 05.25.2011 | Impact

In 2008, David LaRochelle and his wife, Debbie, owned two houses: a single-family home in Southern Florida and a double-wide mobile home in Plains, Ge...

America's Dirty Little Secret: Who's Really Poor in America?

Leo Hindery, Jr. | Posted 05.25.2011 | Politics
Leo Hindery, Jr.

The overwhelming problem today for most workers isn't this recession, as horrible as it is -- it's the fact that for every earned income level except the top 10%, average household income hasn't changed a bit for 10 years.

New Agenda for America: Income Inequality Threatens America's Basic Economic and Political Systems

Bruce Judson | Posted 05.25.2011 | Business
Bruce Judson

With each job loss or foreclosure, another family -- now on a downward spiral -- potentially loses its faith in our basic economic system and our basic system of governance.

Watershed Moment

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

The teetering state of the mortgage markets and the $4.6-$4.9 trillion position of Fannie and Freddie placed the GSE at the center of these crises.

The Vanishing Middle Class

Robyn Blumner | Posted 05.25.2011 | Politics
Robyn Blumner

We now live in a country where there is no financial margin for most families to fall back on in case someone gets sick or a job is lost: life is far riskier than during the 1970s' economic crisis.