Fewer and fewer Americans are getting overtime pay, and it's not because they're not working overtime. Rather, the rules that determine who gets overtime if they work more than 40 hours a week have become outdated. Salaried workers are...Show More Summary
Is it time for us to rethink how we perceive the global middle class? Currently, more than half of the world's middle class population can be found in the Western world. However, recent reports and studies have consistently shown that...Show More Summary
Submitted by Tom Chatham via Project Chesapeake, The events of the past few months seem astounding when taken in all at once. The plan to destroy the U.S. dollar and the American middle class is moving at an ever increasing speed. At the recent G20 meeting the nations agreed that bank deposits would no longer be considered money. Show More Summary
The nominee to a key Treasury position is part of a larger affront to America's middle class. Here's why
After a 26-year old was allegedly raped by an Uber driver in Delhi, the app has been banned in Delhi and Hyderabad. However, a number of commentators have argued that the ban doesn't do much to address the underlying causes of sexual...Show More Summary
We've heard a lot about income inequality and the end of the middle class in the last couple of years. There's no questioning the math. You can pick from almost any chart you like, but I'll take one that Business Insider has used many times: wages as a percentage of GDP. Show More Summary
Working Americans have a problem. And that means President Obama and his Democratic Party have a problem, too. read more
Lanier helped spark a development rush west of city limits and then, as mayor, prioritized intensive investments in the urban center designed to keep the middle class from fleeing to the suburbs.
Like China or India, analysts often describe Russia as en emerging car market, where a relatively new middle class is expected to drive up car sales to levels comparable to those in more established markets. However, those optimistic forecasts are being put on hold by the collapse of the ruble. In response to a 40 percent drop in the value of the...
Hillary Clinton prepares a 2016 campaign on promises of upward mobility for the middle class
To look at him, you couldn’t tell that Mister Ham was hard up enough to try to sell his overcoat in the middle of December. But class has nothing to do with money.
For many middle class Canadians, getting advice when it comes to managing an investment portfolio has been difficult. Many of the major firms won’t manage your portfolio unless you have at least $100,000 in assets. For many, that means that it is necessary to manage their own portfolios. It can also mean a large amount [...]Show More Summary
Over at [Equitable Growth](http://EquitableGrowth.org)--[The Equitablog](http://equitablegrowth.org/blog) [Heather Boushey: You Can’t Help Today’s Middle Class with 1930s-Era Policies](http://equitablegrowth.org/2014/12/20/morning-must-read-heather-boushey-cant-help-todays-middle-class-1930s-era-policies/)...Show More Summary
Recent remarks from Treasury Secretary Jack Lew help shed light on a troubling phenomenon
THE RICH ARE all alike, to revise Tolstoy's famous words, but the poor are poor in their own particular ways. I have some personal experience here. Like a lot of other people, I started life comfortably middle class, maybe upper-middle class; now, like a lot of other people walking the streets of America today, I am poor. Show More Summary
"Public-sector employment, where there is less discrimination in hiring and pay, has traditionally been an important venue for creating a black middle class." — Professor Carol Anderson Arch-reactionary Nina Rees was a long-time deputy assistant to Dick "rectal feeding" Cheney. Show More Summary
The Washington Post has been running an excellent series on what ails the middle class, called Liftoff & Letdown. The fifth installment in the series, The great start-up slowdown, examines the decline of entrepreneurship — the start-up...Show More Summary
There’s already a liberal champion of the middle class that’s running for president. But Bernie Sanders isn’t feeling much love at all from progressives.
By James Sherk, The Washington Post Does the ability to buy Toyotas hurt middle-class Americans? That is essentially the argument made by those who say falling union membership has harmed the middle class. But it holds little water. The decline of unions has hurt unions — while benefiting most other Americans.
While the Washington Post might generally be sympathetic to the idea of giving a few bread crumbs to the hungry and having shelters for the homeless, it hates the idea that middle class people should be able to enjoy a decent standard of living and share in the gains of economic growth. Show More Summary