american middle class

  1. America’s middle class is slowly fading away — here’s why

    America’s middle class is slowly fading away — here’s why
    Europe and the U.S. paint a complex picture of shifting fortunes for middle-income families What’s going on with America’s middle class? Some members of America’s middle class are getting richer and moving up in the world. But millions of lower income people are also getting left behind. The share of people in the middle class in the U.S. is less...
  2. Redefining The Middle Class: It Isn't What You Earn & Owe, It's What You Own That Matters

    Redefining The Middle Class: It Isn't What You Earn & Owe, It's What You Own That Matters
    No wonder the "middle class" has lost political power - it has lost the economic power of the ownership of productive assets. Longtime correspondent Mark G. observed that the key phrase in yesterday's excellent commentary by correspondent Ron G. is property-owning middle class. Mark wrote: "It appears to me that the income bracket method used today isn't very informative." Here is Ron's commentary...
  3. Peter Schiff on America’s middle-class crisis: ‘We used to be the envy of the world’

    Peter Schiff on America’s middle-class crisis: ‘We used to be the envy of the world’
    The Pew Research Center, a nonprofit think-tank in Washington, D.C., released a major report Monday on America’s shrinking middle class. Peter Schiff, the chief executive of Euro Pacific Capital, and a market pundit who often espouses what critics describe as a bearish outlook for the equity market, says the middle class has been gutted by over-regulation, an escalating cost of living...

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