#middleclass

Miscellaneous | NEW YORK CITY

This is how much a family of four needs to earn in New York to be middle class

A family of four living in New York State needs to earn a minimum of $81,396 in order to be considered middle class, according to data.

News | News

If You Think You're Middle Class in California, Chances Are You're Wrong

The American middle class continues to wither as the lower and upper income tiers keep growing, especially in California

Politics | Politics

Here’s How Much Biden’s Twice-As-Large IRS Could Take From The Middle Class

An expansion of the Internal Revenue Service (IRS) by the Inflation Reduction Act threatens to reap $20 billion from small businesses and middle-income Americans, according to a preliminary assessment last week from the Congressional Budget Office.

Politics | Opinion

How the ‘awokening’ of the media erased the working class and the Jews

A recent book details how a moral panic about race solidified journalists’ contempt for non-elites, as well as helps perpetuate economic suffering and anti-Semitism.

Business & Finance | Economics

Families earning less than $75,000 a year turn more pessimistic as U.S. consumer sentiment sags to six-month low - Marke

Pessimism about financial security, especially among lower-income Americans, grew in early February and fewer expect the economy to show much improvement by...

Business & Finance | Economics

Over a Million Households Climbed to Middle Class Under Trump, Census Data Shows

More than 1.2 million American households moved to above $50,000 in annual income between 2016 and 2018, according to Census Bureau data released on Sept. 10, a sign of a growing middle class.

Miscellaneous | Interesting Stuff

It now costs $350,000 a year to live a middle-class lifestyle in a big city—here’s a sad breakdown of why

You can certainly live on less, but it won't be easy if your goal is to raise a family in a big city, save for your children's education, save for your own home and save for retirement (so you can actually retire at a reasonable age).

Miscellaneous | Interesting Links

Rising health insurance deductibles fuel middle-class anger and resentment

Middle-class Americans are bearing the brunt of the rise in health insurance deductibles and medical bills. That's helped widen political divisions.

Politics | Politics

Middle-Class Americans Are Sick of Elite Privilege - The Atlantic

If Democrats want to address simmering middle-class anger, they need to deliver justice.

Business & Finance | Business

The Trump economy keeps roaring ahead

The president's ambitious policy agenda prioritizes the needs of working and middle-class families over those of special interest groups.

Business & Finance | Economics

The exodus of New York City’s endangered middle class

After decades of sharp income erosion in the face of relentless taxes, escalating living costs and wage reductions through technological changes, the full extent of this shocking exodus is laid bare in the latest US Census data.

Miscellaneous | Interesting Links

Teslas in the Trailer Park: A California City Faces Its Housing Squeeze

Most Californians agree that it costs too much to live in the state. Mountain View, Google’s hometown, is trying to do something about that.