DNC Chair Debbie Wasserman Schultz released the following statement on the final Massachusetts Senate debate: “Ed Markey proved once again tonight that he is the right leader for Massachusetts and will stand up for middle class families in the U.S. Show More Summary
In middle school, I had a teacher who was obsessed with aliens and used all of our class time to convince us that they existed. I was 12 and had to start sleeping on the floor of my parents’ bedroom because I was convinced I would be abducted. My parents made me drop the class [...]
The definitions are simplistic, but they have stuck with me since I learned them in a middle school Bible class: "grace" is getting what you don't deserve; "mercy" is not getting what you do deserve. The difference between the two.....
The continent's rising consumers don't fit easily into standard classifications.
AP Images/Don Ryan K ansas City is a little bit plainsy, and a little bit Southern, straddling the Missouri-Kansas border. It is an old city, especially compared to others west of the Mississippi, fueled in its early years by farming money and trade from settlers heading west. Show More Summary
Chairman of the Council of Economic Advisers Alan Krueger delivered remarks last week at the Rock And Roll Hall Of Fame in Cleveland, Ohio. The speech, entitled “Land Of Hope And Dreams: Rock And Roll, Economics, And Rebuilding The Middle...Show More Summary
Caregiving is skilled work. Any parent needing child care, or person with disabilities employing a caregiver, will tell you that. But their pay is low and their benefits almost nonexistent.
Here’s one sign the global elite is starting to get worried that capitalism isn’t working for the Western middle class. At the TED Global gathering in Scotland’s elegant capital city this week, much of the spotlight was on what’s going wrong with the 21st-century economy. That matters because the TED conferences are one of the [...]
Who drinks most vodka, gin, whisky and rum? ASIA'S growing middle classes are driving demand in the global spirits market. According to IWSR, a market-research firm, consumption last year grew by 1.6% to 27 billion litres—and China, the world’s biggest market, quaffed 38% of that. Show More Summary
For the middle class and upper-middle class, the choice is either to trade off a potentially well-funded retirement or to consign one's children to decades of debt in order to receive a strong education.
"Now comes plutocratisation: the middle classes and small companies are falling victim to class-cleansing. Global cities are becoming patrician ghettos. In 2009, says [Columbia University's Saskia] Sassen, the top 1 per cent of New York City’s earners got 44 per cent of the compensation paid to its workers. Show More Summary
Today's numbers look at the Senate plan to undermine North Carolina's middle class families and redistribute even more wealth to the ultra-rich. Read 'em and weep.
Rock and Roll, Economics, and Rebuilding the Middle Class David Vandivier White House Blog June 12, 2013 Today, at 7:00 pm EST, Chairman of the Council of Economic Advisers Alan Krueger will deliver remarks on income inequality and rebuilding the middle class at the Rock and Roll Hall of Fame. As he’ll discuss this...Read More
Gordon Ramsay is in the middle of his very own Kitchen Nightmare! The famed chef had a class action lawsuit thrown his way Thursday when current and former employees… READ ON
With China feuding with its largest export partner and a rising middle class demanding better working conditions, growth is set to slow for the world's second-largest economy.
Tick-tock, tick-tock, tick-tock... just six-and-half more months until the Patient Protection and Affordable Care Act, also known as Obamacare, goes into full effect. Over the past year we at The Motley Fool have examined the ins-and-outs...Show More Summary
Will the Patient Protection and Affordable Care Act cripple the middle class that President Obama has fought so hard to protect?
Every now and then, a book or article is worth a recommendation because it stimulates the most provocative political and social questions of the day: rising income disparity and the decline of the middle class. We see the anecdotes all … Continue reading ?
Today, Sen. Mike Lee (R-Utah) said that Republicans need to advance a substantive agenda to uplift middle class families. True! Unfortunately, his speech to the Faith and Freedom Coalition made clear that he doesn't have one. Here is...Show More Summary
The Center for American Progress unveiled a sweeping economic agenda on Thursday, in a report titled “300 Million Engines of Growth: A Middle-Out Plan for Jobs, Business, and a Growing Economy.” The agenda is premised on the notion that income inequality and the erosion of the middle class hamper economic growth, and that American policy [...]