Tag Archives: middle class

What Killed the Middle Class?

What killed the middle class? The answer may well echo an Agatha Christie mystery: rather than there being one guilty party, it may be that each of the suspects participated in the demise of the middle class. If you doubt the … Continue reading

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The Private Wealth Within Nations, Now and in the Future

Eric Zuesse, originally posted at The Saker The annual Credit Suisse Global Wealth Report is the gold-standard for estimates of private wealth around the world. The latest is Global Wealth Report 2018. It’s at: https://www.credit-suisse.com/media/assets/corporate/docs/publications/research-institute/global-wealth-report-2018-en.pdf Some aspects of this report … Continue reading

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“Yellow Vests” and the Downward Mobility of the Middle Class

The middle class, virtually by definition, is not prepared for downward mobility. A systemic, semi-permanent decline in the standard of living isn’t part of the implicit social contract that’s been internalized by the middle class virtually everywhere: living standards are only supposed … Continue reading

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How Many Households Qualify as Middle Class?

What does it take to be middle class nowadays? Defining the middle class is a parlor game, with most of the punditry referring to income brackets as the defining factor. People tend to self-report that they belong to the middle class … Continue reading

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Trump’s Presidency Failed in Record Time

Eric Zuesse Trumpcare — his promised replacement for Obamacare — is so blatantly atrocious that an excellent NBC News article on it is headlined, and documents that — “Experts: The GOP Health Care Plan Just Won’t Work”. This was even before the … Continue reading

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