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Middle Class

The Great Thing About Having Been Poor

Bill Maher | Posted 04.30.2012 | Money
Bill Maher

If you grow up in America, it's pretty rare if you don't love money. One of the first things I ever remember being punished for was stealing money. Five dollars, off my father's dresser.

Charles Murray's Unreal Towns

Caryl Rivers | Posted 04.30.2012 | Books
Caryl Rivers

In his new book, Coming Apart, Charles Murray says that working-class whites are getting dumber and losing traditional values such as marriage, hard work and church-going.

C. Wright Mills Would Have Loved Occupy Wall Street

Peter Dreier | Posted 04.30.2012 | Politics
Peter Dreier

Few Occupy Wall Street activists have probably heard of Mills. But Mills' breakthrough ideas -- especially his notion of the "power elite" -- resonate today with the growing recognition that too much wealth and power in the hands of the superrich undermines democracy.

Middle Class Is Failing

Grant Cardone | Posted 04.28.2012 | Business
Grant Cardone

The middle class concept is failing millions of people because it is based on myths and formulas that worked for our parents but will no longer prove ...

The Lingering Global Crisis and the New Poor

Marcelo Giugale | Posted 04.29.2012 | World
Marcelo Giugale

The lingering global crisis is forcing us to rethink the objectives and the tools of social policy. Past meltdowns in Asia, Eastern Europe and Latin-America provide us with some good hints on what to expect and how to respond.

Five Facts About Social Mobility

Delia Lloyd | Posted 04.23.2012 | Business
Delia Lloyd

What a bummer to discover that this great national mythology that's sustained us for so many generations may no longer be true. A spate of recent studies suggests that Americans are no longer upwardly mobile.

Class Warfare and Private Equity

Andrew Reinbach | Posted 04.18.2012 | Business
Andrew Reinbach

Looking after the people in their care, the country's pension funds, and the government itself, are waging war on the middle class; cutting their wages and retirements and making rich people richer.

The President's 2013 Budget Shifts the Focus to Growing the Economy and the Middle Class

Pearl Korn | Posted 04.18.2012 | Politics
Pearl Korn

Of course, Boehner and McConnell and their cronies are already crying "foul" that the budget is all election year pandering by the president without a snowball's chance of being passed, since not enough is being offered to reduce the deficit. All smoke and mirrors and accounting tricks is their numbing refrain.

Notched-down Generation

Ralph da Costa Nunez, PhD | Posted 04.16.2012 | Politics
Ralph da Costa Nunez, PhD

For some families, notched-down means cutting back on entertainment, no longer eating in restaurants, clipping coupons or skipping vacations. For others, the events of recent years have far more serious consequences.

Saving the Middle Class

Robert Kuttner | Posted 04.13.2012 | Business
Robert Kuttner

The same diligent workers who earned decent wages a couple of generations ago are now working just as hard for a lot less. The fact is, American productivity has nearly doubled in a generation. The problem is that the fruits of that productivity have gone to the wrong people.

It's Not Envy, My Friend

Jim Worth | Posted 04.13.2012 | Politics
Jim Worth

It's pity: pity of your desperation, of your personal purgatory over the issues, your lack of true understanding, of your feckless attempts at convincing the American people you're the answer to their struggles.

Michael McAuliff

White House Proposes Tax The Rich, Chop Medicare, In Election-Year Budget | Michael McAuliff | Posted 02.10.2012 | Politics

WASHINGTON -- The White House will propose deep cuts and modest tax hikes Monday in a budget that aims to stick to last summer's debt deal by trimming...

The Long War

Mike Lux | Posted 04.10.2012 | Business
Mike Lux

We'll win some but we'll lose some, and some of the time we will do both at the same time. That is the story of the robo-signing settlement that has finally become a done deal after many long months of struggle over it.

More Unconscionable Wall Street Whining

Dennis M. Kelleher | Posted 04.09.2012 | Business
Dennis M. Kelleher

Ignoring all evidence and facts, Wall Street is reported to be "an industry that the White House has thoroughly and repeatedly demonized and demoralized" -- what?

The Minimum Wage: Time to Start Working On the Next Increase

Jared Bernstein | Posted 04.08.2012 | Business
Jared Bernstein

When someone brings up the idea of a raise in the federal minimum wage, you hear a huge outcry from some in the business lobby. Their generic argument is that the increase will lead to job losses among those low-wage workers affected by the higher wage level. Yet, you hear the opposite from groups that represent low-wage workers interests. So the DC lobby that represents low-wage employers say they're against an increase, not because it would raise labor costs and cut into profits, but because it's bad for the workers themselves, who will suffer reduced hours and layoffs. But the workers' groups say, "Bring it on!" So what's best for the middle class in this economy -- who you gonna believe?

Saving Us From the Bottom

Jim Worth | Posted 04.07.2012 | Business
Jim Worth

Time is running out so we, collectively, must demand a change in direction -- a radical change that will reestablish the middle-class and strengthen the nation's economy.

Romney Just Keeps On Telling the Truth

Pat LaMarche | Posted 04.05.2012 | Politics
Pat LaMarche

His honest confessions are not only refreshing, but they are proof that he has no clear picture of the challenges facing the average American. And without understanding those challenges, no voter should believe he can eliminate them.

The Very Poor, the Middle Class and the Real Economic Challenge of 2012

Tiziana Dearing | Posted 04.03.2012 | Politics
Tiziana Dearing

I don't think Mitt Romney was saying he doesn't actually care about the "very poor." In fact, I believe he does care -- as do most reasonable people. But he clearly doesn't understand what "very poor" means, or how it relates to the middle class today.

Romney's Sad Identity Crisis

Trooper Sanders | Posted 04.03.2012 | Politics
Trooper Sanders

For his character's sake, Mitt Romney should aim high and hold himself to his father's standard of public service. For our country's sake, Republican primary and, possibly, general election voters should as well.

The Power of Owner-Entrepreneurship Education to Restore Our Middle-Class

Steve Mariotti | Posted 03.27.2012 | Education
Steve Mariotti

Most of our national education efforts seek to teach low-income youth to become better workers. Why aren't we also teaching them how to own? If entrepreneurship is the engine of the American economy, why aren't we raising more creative entrepreneurs?

The Alternative Millionaires' Minimum Tax

Chris Weigant | Posted 03.26.2012 | Business
Chris Weigant

President Obama last night called for a minimum tax rate of 30 percent on income over one million dollars. To some, this sounds like a radical idea, but it really isn't.

President Obama Can Deliver a Powerful Message About Health Care, Strong Middle Class in State of the Union

Ethan Rome | Posted 03.24.2012 | Politics
Ethan Rome

We must stand strong to fight the GOP's hyper-partisan attacks on the health care programs that are making America healthier and moving our great country closer to achieving its promise.

Dr. King's 'Dream' Denied to Millions

Daniel Medina | Posted 03.20.2012 | Politics
Daniel Medina

With stubbornly high unemployment, a failing education system and mounting federal debt, has Dr. King's dream truly been realized in 2012?

Two Roads Diverge In America Today

Ed Crego, George Muñoz and Frank Islam | Posted 03.19.2012 | Politics
Ed Crego, George Muñoz and Frank Islam

Given the country's current condition and the angst and anger emanating from those controlling the political debate, we can't tell which road is "the one less traveled by."

Improved Hiring Forecasts May Not Be All Good News For Workers

The Huffington Post | Alexander Eichler | Posted 01.13.2012 | Business

The hiring outlook seems to be improving, according to some forecasts. What that means for the actual wages has yet to be decided. A number of rep...