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News for Norther Colorado and the world

Wednesday, September 24, 2014

Posts Tagged ‘middle class’

Inequality in America

Inequality in America

Inequality Nation; The American Dream Isn’t Dead, But It’s Dying by Progressive Populist By Brad Hennigan We’ve seen the stats. Wage growth for 70% of American workers has stagnated or declined over the last decade, while productivity has dramatically increased. During the same period, income growth for top earners, particularly the top 1%, has grown to the point that since the Great Recession, 95% of all new wealth generated in the U. S. has gone to 1% of its population. But ... Full Story

Obama, economic champion

Obama, economic champion

  Best president for economy? Obama By Froma Harrop: Lend me your ears. I have come to praise President Obama and bury the myth that Republican presidents are better for the economy than Democratic presidents. Not only do Democrats produce superior economic results, but they blow Republicans out of the water in the comparisons. Let’s turn the mic over to Bob Deitrick, a principal at Polaris Financial Partners in Westerville, Ohio. Deitrick crunched 80 years of numbers. ... Full Story

America, the land of the loser

America, the land of the loser

Big Lie: America Doesn't Have #1 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 a increasingly poor "middle class." June 18, 2013  |   By Les Leopold 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 ... Full Story

Death of the Middle Class

Death of the Middle Class

    The Middle Class Faces Extinction—So Does the American Dream Income inequality is now as high as it's been since the Great Depression, and the middle class is nearly extinct. By Steward Lansley This article first appeared in the  Los Angeles Review of Books. Inequality is now one of the biggest political and economic challenges facing the United States. Not that long ago, the gap between rich and poor barely registered on the political Richter scale. Now the ... Full Story

Ryan Budget = tax the middle class

Ryan Budget = tax the middle class

By Colorado Democratic Party Dejá Vu All Over Again With the Ryan Budget: Tax Hikes and Program Cuts for the Middle Class, Tax Cuts for the Rich Denver – As early analyses of the latest Ryan Budget start to come in, the terrible consequences for Colorado’s middle class families are once again clear. While cutting popular programs that seniors, disabled children, and students rely on, Chairman Ryan would offer the wealthiest Americans a new tax cut and would have middle class taxpayers ... Full Story

American middle class: dead?

American middle class: dead?

Professor Starr writes about the "Hourglass Economy," one in which the economy consists mainly of the rich and the poor with only a small middle class. Examples of this type of economy abound. Many South American and African countries come to mind. Without a strong and prosperous middle class, the United States is destined to become a third-rate nation. America will not longer be a world power or a major player in world economics. This will mark the end of the "American Dream" and the ... Full Story

OpEd News: January 2, 2012

OpEd News: January 2, 2012

OpEdNews Bold and Daring: The Way Progressive News Should Be Daily Headlines   By Andrew Kreig Chief Justice's Annual Report Ducks Judicial Ethics Scandals The federal courts function honestly, according to the annual report on the federal judiciary that Supreme Court Chief Justice John Roberts issued Dec. 31 in the middle of the New Year's holiday weekend.   By Chaz Valenza It's Official: Gov Stats Shows the Middle Class is Dead It's offical, the ... Full Story

After Signaling Support, John Boehner Calls Tax Break

After Signaling Support, John Boehner Calls Tax Break For Middle Class ‘Chicken-Shit’

  After Signaling Support, John Boehner Calls Tax Break For Middle Class ‘Chicken-Shit’ Alex Seitz-Wald on Dec 2, 2011 at 4:10 pm Despite their stated opposition to tax increases, Republican lawmakers have been largely cool or even hostile to a proposed extension of the temporary payroll tax cut, pushed by President Obama and Democrats. Finally, this week, Republicans seemed to relent as GOP congressional leaders publicly urged their caucuses to vote for an extension of the ... Full Story

Gardner Votes To Block Middle Class Tax Cut

Gardner Votes To Block Middle Class Tax Cut

Press Release VOTE ALERT: Representative Gardner Votes To Block Middle Class Tax Cut While Representative Cory Gardner (CO-04) continues to protect tax breaks for the ultra wealthy, today he voted to block a $1,000 middle income tax cut for 2.5 million Colorado families. Economists estimate that blocking this middle class tax cut could cost 400,000 American jobs. National Republican Congressional Committee Chairman Pete Sessions, who is responsible for Gardner’s re-election, has ... Full Story

Inequality: A collision is coming

Inequality: A collision is coming

            Inequality, unemployment and unresponsive government: A collision is coming By Robert B. Reich 6:00 a.m. EST, November 9, 2011 The biggest question in America these days is how to revive the economy. The biggest question among activists now occupying Wall Street and dozens of American cities is how to strike back against the nation's almost unprecedented concentration of income, wealth and political power in the top 1 ... Full Story

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