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Middle Class

Life Insurance Becoming 'Tax Shelter For The Rich'

Wall Street Journal | Posted 05.25.2011 | Business

In a development all but unnoticed outside the industry, life-insurance companies gradually have shifted away from their broad historical base of midd...

The Crisis Of Middle-Class America: Edward Luce | Edward Luce | Posted 05.25.2011 | Business

The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exa...

Wall Street Brings Class War to America?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Oh, how the super-rich hate the sound of "class struggle." Dare to utter the words and they'll reach for their red-baiting paint guns and spray you silly with invective. It's un-American. It's socialistic. It's an insult to democracy.

Trust Me... Finance and Poetry Are Funny

Jess Walter | Posted 05.25.2011 | Books
Jess Walter

I'm not a real victim of this recession. I am a veritable multi-thousandaire whose assets are spread evenly between hard liquor and signed copies of my friends' books.

Fighting for the Middle Class and Against Big Money Special Interests

Mike Lux | Posted 05.25.2011 | Politics
Mike Lux

The progressive populist message -- which seriously moves the dial for Democrats in Stan Greenberg's polling -- is being used by more and more candidates. Here are three exciting examples.

Replacing Summers: Will Obama Please Wall Street or Struggling Americans?

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

After two years of governing a country locked in economic misery, you'd hope that Obama and his economic team would've learned that what matters isn't the economic team's resume or what "signals are sent" to Wall Street.

Elizabeth Warren Was Paid To Be An Expert Witness In Cases Against Bailed-Out Banks

The Huffington Post | William Alden | Posted 05.25.2011 | Business

While acting as a government-appointed bailout watchdog, Elizabeth Warren, whom President Obama appointed this month to lead the creation of the Consu...

WATCH Arianna: Special Interest Groups Are Buying Public Policy

Huff TV | Posted 05.25.2011 | Politics
Huff TV

On a recent episode of CBS News' "Washington Unplugged," Arianna joined a roundtable hosted by Bob Schieffer to discuss the state of the American econ...

The GOP's Bizarre and Cynical "Pledge to America"

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

One can only marvel at the extreme cynicism evident in the Republican Party's bizarre 21-page "Pledge to America." The document is only the tip of the...

Dems Duck Middle Class Tax Cut Fight

Taylor Marsh | Posted 05.25.2011 | Politics
Taylor Marsh

If Democrats won't stand on a line to make the case they've stood on throughout history, which is standing up for the middle class, then they don't deserve the majority.

ABC World News Goes Home: Looking for What Works in America

Diane Sawyer | Posted 05.25.2011 | Media
Diane Sawyer

We at ABC's World News are heading out to search for innovative ideas that are helping turn the economy around. Real change is often born out of a simple act. And one ripple can lead to a powerful transformation.

GOP's "Pledge" to Rob the Middle Class: No Jobs, No Health Care, No Security

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Here's the bottom line: the GOP "Pledge for America" will raid your money to make their rich patrons even richer. The middle class will continue to wither away, and those who manage to hold on will be worse off than ever.

Hot Dogs and Beans: Obama and the American Dream

Mayhill Fowler | Posted 05.25.2011 | Politics
Mayhill Fowler

We Americans are less wealthy. But for the foreseeable future we are going to spend more in the reasonable hope that in the more distant future we will be spending less while having more. This is the new American Dream.

Bush's Plan Didn't Work

Rep. Jay Inslee | Posted 05.25.2011 | Politics
Rep. Jay Inslee

Right now, in this economy, we can't afford to put politics before facts. And the facts are clear: middle-class tax cuts will help our economy -- and strengthening our economy will pay off for everyone in the long run.

Start Making Sense

Adam Neiman | Posted 05.25.2011 | Politics
Adam Neiman

The great conundrum and tragicomedy of American politics is the way the PhDs attempt to champion the interests of working people while well-paid faux populists serve the interests of the MBAs.

Harleys to Hanoi: How Foreign Consumers Can Rev Up U.S. Growth

Ed Gerwin | Posted 05.25.2011 | Business
Ed Gerwin

The United States virtually invented the modern middle class. Today, our exporters must reach out to the global middle class, and our government must assure that foreign trade barriers don't stand in the way.

Survival Guide to American Poverty

Joel John Roberts | Posted 05.25.2011 | Impact
Joel John Roberts

Forget the keeping up with the Jones mentality that this country has instilled into our psyche for decades. With rampant unemployment and plunging real estate values, the Jones are running out of money.

WATCH Arianna: Obama Must Acknowledge Voter Anger To Defuse It

Huff TV | Posted 05.25.2011 | Politics
Huff TV

To defuse anger in the tea party and across the electorate, President Obama and his administration must first acknowledge it, argues Arianna. Arianna...

William Alden

Obama: Reforms, Economy Are 'Moving In The Right Direction' | William Alden | Posted 05.25.2011 | Business

In a town hall discussion broadcast live on CNBC Monday, President Barack Obama said the country's economy is "moving in the right direction" -- even ...

Race to the Bottom: How the Politics of Resentment is Undermining America

Bob Samuels | Posted 05.25.2011 | Politics
Bob Samuels

Since people equate all public workers with the evils of big government, they feel justified in calling for elimination of public employees, but what society would we have without these essential workers?

The Tax Controversy is Built on a False Choice

Ernest Istook | Posted 05.25.2011 | Politics
Ernest Istook

A full economic recovery requires a full, across-the-board extension of the lower taxes that boosted our economy before and now can boost it again.

Arianna: Both Parties 'Have For 30 Years Now Screwed The Middle Class'

Huff TV | Posted 05.25.2011 | Politics
Huff TV

Arianna appeared on "The Tonight Show" Friday night to discuss her new book, "Third World America," as well as the rise of the tea party during the cu...

OPEC At 50 Showing The Way To Rebuild America's Economy "As High As An Elephant's Eye"

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Why don't we learn from OPEC's success? We have a commodity easily as critical to the world's economy as oil. We have corn, we have wheat, we have soybeans -- all grain crops critical to the world's food supply.

Will the Middle Class Have Room for Baby Boomers' Kids?

John_Schneider | Posted 05.25.2011 | Politics

Will our children own their own homes? Will they find jobs, and keep them? Will they be able to give their children the advantages they, themselves, enjoyed? Will they figure it out? Will they find a chair when the music stops?

How America's Shift Away From Helping Its Own Ruined The Economy And The Middle Class (PHOTOS)

Robert Reich | Posted 05.25.2011 | Books
Robert Reich

In the 1930s and 1940s, we restructured our economy to widen prosperity. The result was the Great Prosperity -- a period running from 1947 to 1975, in which the American economy boomed.