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The danger in a declining middle class - The Washington Post

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Fragility of social cohesion in the U.S. with unemployment concentrated in the lower middle and working classes.

03/11/2009

Figures from the Center of Labor Market Studies of Northeastern University in Boston showing unemployment of 9% in the $40,000 to $50,000 annual household income group and going up to 31% at the lowest income group. Higher inequality as differences in education between lower income and higher income Americans grows. The problem of the long term unemployed is a serious one.

Grouped Articles

Income Slides to 1996 Levels

Wall Street Journal 09/14/2011

Japan Is a Model Not a Cautionary Tale

New York Times 06/09/2013

Young and Isolated

New York Times 06/22/2013

OECD report cites rising income inequality - The Washington Post

Washington Post 12/06/2011

U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide

Wall Street Journal 07/22/2013

The Great Stagnation in American Education

New York Times 09/07/2013

Increasing U.S. taxes on the middle class

04/12/2009

The Wall Street Journal points to the facts that Warren Buffett does not cover in his plea for higher taxes on billionaires like himself who paid only 17% in taxes in 2010. Buffett made most of his income in capital gains and dividends that are taxed at 15%. That income was already taxed at 35% as corporate income and the 15% on top of that brings the total tax to about 45%. Buffett could write the IRS a check or support taking away the deduction for charitable contributions which is how Buffett contributes to his foundations. For most of the middle class couples making $250,000 for a few years of their life- and much of it going to high university tution payments for kids- the higher taxes make a difference compared to the Buffetts of the world. This is part of the debate on taxes in the U.S. at the time of the fiscal cliff negotiations in Dec. 2012.

Grouped Articles

America’s Sinking Middle Class

New York Times 09/18/2013

Richly Undeserved

New York Times 04/12/2009

Warren Buffett's Tax Dodge

Wall Street Journal 08/17/2011

Millionaires Go Missing

Wall Street Journal 08/17/2011

A Disciplined and Driven 'Connect-the-Dots' Investor

Wall Street Journal 09/14/2011

Income Slides to 1996 Levels

Wall Street Journal 09/14/2011

The shrinking U.S. middle class and what this may mean for consumption in the years ahead.

02/26/2008

If only 1.9 million hourly workers earned more than $20 per hour in April 2008, when the deep downturn that hit in October 2008 had not ocurred and the shift to part time employment and lower auto related wages was just underway, what would the numbers look like by 2010? And what does that mean for consumption? Does it prolong the downturn with demand slow to pick up? What does it mean for exports from China?

Grouped Articles

America’s Sinking Middle Class

New York Times 09/18/2013

State of the Union: Obama Seeks to Narrow Income Gap

Wall Street Journal 01/29/2014

More Men in Prime Working Ages Don't Have Jobs

Wall Street Journal 02/06/2014

Falling Wages at Factories Squeeze the Middle Class

New York Times 11/20/2014

Why wage growth disparity tells the story of America's half-formed economic recovery - The Washington Post

Washington Post 11/22/2014

U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise

New York Times 09/18/2015

The view that the burden of U.S. deficit reduction is falling on the elderly, the poor and the middle class

01/20/2010

Bernie Sanders and other leaders who see this as a problem with the plans for U.S. deficit reduction that are under discussion.

Grouped Articles

Low Interest Rates Are Squeezing Seniors

Wall Street Journal 03/30/2010

America’s Sinking Middle Class

New York Times 09/18/2013

State of the Union: Obama Seeks to Narrow Income Gap

Wall Street Journal 01/29/2014

Bernie Sanders’s Revolutionary Roots Were Nurtured in ’60s Vermont

New York Times 07/03/2015

Similarities Aside, Bernie Sanders Isn’t Rerunning Howard Dean’s 2004 Race

New York Times 08/09/2015

Livin’ Bernie Sanders’s Danish Dream

New York Times 02/12/2016


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