Middle Class

Debtors Say the Darndest Things: It'll Cost $245,340 to Raise a Child Born in 2013

Debtors Say the Darndest Things: It'll Cost $245,340 to Raise a Child Born in 2013
A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out Monday. Those costs — food, housing, childcare and education — rose 1.8 percent over the previous year.
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AP
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One Million New Factory Jobs?

One Million New Factory Jobs?
The American Association of Manufacturers is calling on the President and Congress to make good on promises to boost manufacturing jobs in the United States, specifically the Administration's promise to create one million of those jobs by the end of Obama's tenure.
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America Doesn’t Have the Richest Middle-Class in the World ... We’re Ranked 27th

America Doesn’t Have the Richest Middle-Class in the World ... We’re Ranked 27th
America is the richest country on Earth. We have the most millionaires, the most billionaires and our wealthiest citizens have garnered more of the planet’s riches than any other group in the world. We even have hedge fund managers who make in one hour as much as the average family makes in 21 years!
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Five Guys Owner Latest to Not Provide Healthcare to Workers and Blame Obamacare

Five Guys Owner Latest to Not Provide Healthcare to Workers and Blame Obamacare
Mike Ruffer, who owns and operates eight Five Guys in the Durham, North Carolina area, told the Examiner that any additional costs to his business thanks to the healthcare mandate would be passed on to customers who enjoy his greasy hamburgers and french fries.
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The New American Majority Bends to Greet Obama

The New American Majority Bends to Greet Obama
There is an Obama majority in American politics, symbolized by Monday’s throng on the Mall, whose existence is both the consequence of profound changes to our nation’s composition and values and the cause of changes yet to come.
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The Five-Step Process to Cheat the Middle Class Worker

The Five-Step Process to Cheat the Middle Class Worker
It's so artfully done, and so diabolical, that one can picture secret seminars in subterranean Wall Street meeting rooms, guiding young business recruits in the proven process of taking an extra share of wealth from the middle class.
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Paul Buchheit
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AFL-CIO president to Lame Duck Congress: Fair Taxes, No Cuts

After a hard-fought and divisive election year, it’s time to rebuild America’s middle class — but to do it we need to make sure the lessons from this campaign stick.
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Stereotyping the White Working Class

Democrats cannot do better among working-class whites if they envision them as a uniform group that thinks and feels the same way everywhere, as the political pros quite often do. That is, an overwhelmingly middle-class and upper-class set of politicians, operatives, and pundits appear to have so little direct experience of working-class people of any color that they consistently fall into stereotyping that clouds their vision and often insults the voters they are trying to persuade.
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Income Inequality in New Jersey

More than 75 percent of the additional income generated in New Jersey went to the top 20 percent of households, with the richest 1 percent receiving the bulk of the increase. The bottom 40 percent lost income and everyone else experienced stagnate income or minimal growth that failed to keep pace with inflationary costs.
According to the report this growing divide has hurt the vulnerable the most, including single mothers, ethnic minorities and those with less education.
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