For years, discussions about the economy have been dominated by warnings about the decline of the middle class. Rising living ...
This report examines key changes in the economic status of the American middle class from 1970 to 2023 and its demographic attributes in 2022. The historical analysis is based on U.S. Census Bureau ...
"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...
Despite a better-than-expected jobs report Wednesday, there’s a wider, inconvenient fact about life in the 21st century: labor takes home an ever smaller share of the economic pie. The pattern has ...
The good news is that Americans have never been richer. The bad news is that most of them don’t feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half-century ...
Prices in April surged 3.8% compared to a year ago, government data released Tuesday showed, while average hourly earnings rose 3.6%.
Jaron Lanier with his khene outside the KCRW studio. For best-selling author Jaron Lanier, society’s dependence on digital networks kindled the economic recession and is responsible for the declining ...
WASHINGTON - Few phrases carry more weight in American political life than ‘the middle class.’ Politicians invoke it constantly, economists argue about it endlessly, and most Americans identify with ...
The good news is that Americans have never been richer. The bad news is that most of them don’t feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half century ...