Say goodbye to the middle class, or at least, that’s what a majority of Americans believe. The U.S. middle class is shrinking, and more Americans don’t believe they will achieve that way of life, according to a study released on
Say goodbye to the middle class, or at least, that’s what a majority of Americans believe. The U.S. middle class is shrinking, and more Americans don’t believe they will achieve that way of life, according to a study released on Wednesday by the Pew Research Center. Only 51 percent of all adults are considered middle class, down from 61 percent in 1971, but the study did find that part of the shrinkage came from more people joining the upper classes, which now represent 20 percent of the nation, up from 14 percent in 1971. But those aren't all of the gains: the lower-income group rose to 29 percent of all adults, up from 25 percent in 1971.
The Young Turks' Cenk Uygur speaks to investigative journalist David Cay Johnston about the income inequality struggles in the United States and the fact that income is being redistributed, just the wrong way -- up. Read more...
Cue the right-wing outrage over this Friday's Real Time with Bill Maher in 10...9...8... for the way he ended his New Rules segment while talking about the dangers of record income disparity in the United States: Read more...
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Fight for better jobs, better wages, and the rights of all workers!
Across New York, our livelihoods are under attack. After years of massive Read more...