Middle Class

By Frank Clemente | – In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners. Republicans repeatedly promised in 2017 that their proposed tax cuts for the wealthy and corporations would increase jobs, pay for themselves, give every family a big raise and would really […]

Inequality

The Reality for the Middle Classes behind the supposedly “Surging” U.S. Economy

Inequality.org

The black unemployment rate remains more than twice as high as the rate for whites and it has increased from 6.5% in April 2018

Democracy

Health, Poverty, Conflict in Charts: Is the World Better off Today than ever before in History?

The Conversation

By Julius Probst | – Swedish academic Hans Rosling has identified a worrying trend: not only do many people across advanced economies have no idea that the world is becoming a much better place, but they actually even think the opposite. This is no wonder, when the news focuses on reporting catastrophes, terrorist attacks, wars […]

Economy

The Rise and Fall of America’s Middle Class

contributors

By Jim Hightower | (Otherwords.org) | – – The middle class was built by movements — and can be rebuilt by movements. Ever since 1776, the “common yeoman” — America’s middle class — has been hailed as the virtuous heart and backbone of our nation. How ironic, since it took 150 years before we actually […]

Inequality

Will Americans finally start fighting back against tax cuts for the rich?

contributors

Stephanie Leiser | (The Conversation) | – – The 60 percent of Americans who believe that the GOP tax package will mostly help the wealthiest among us are right, according to an analysis by the Tax Policy Center. But will widespread disapproval translate into political costs or electoral losses for Republicans? Will Americans decide they […]

Inequality

GOP tax plan doubles down on policies that are crushing the middle class

contributors

Steven Pressman | (The Conversation) | – – The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than one’s parents, and retiring in comfort are all hallmarks of a middle-class lifestyle. Contrary to what some may think, however, the […]

Featured

Yes, America, there is a Class War, and you Just Lost It

Juan Cole

By Juan Cole | (Informed Comment) | – – The Republican Party did not just overhaul the tax code and they did not cut “your” taxes. They engineered a coup against the middle and working classes and they threw enormous amounts of public money to private billionaires and multi-millionaires. Americans do not understand this sort […]

Middle Class

The GOP Tax Plan Will Complete the Destruction of America’s Middle Class Wealth

contributors

By Bob Lord | ( Inequality.org ) | – – In fact, if the GOP tax plan becomes law, we may be looking at a future where our 1,600 richest hold more wealth than the nation’s entire middle class. The wealth of America’s middle class, under siege for four decades, is now hanging on life […]

Democratic Socialism

Solar & Wind: How free electricity would change the world (Economist Video)

contributors

The Economist | (Video News Report) | – – “magine if heating and powering homes became free in the next decade. What would that mean for the world?” How free electricity would change the world | The Economist