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Tag Archives: middle class
No recovery for the middle class
By Anthony Mirhaydari The recovery is now officially in its fifth year. Sure, the stock market is back. And housing is getting off the floor. But for middle class Americans, the pressure is still on. This has been an uneven … Continue reading
Posted in News from the Soul Brother
Tagged American dream, business, Economic Inequality, economy, employment, middle class, money, United States
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The Payday Playbook: How High Cost Lenders Fight to Stay Legal
By Paul Kiel As the Rev. Susan McCann stood outside a public library in Springfield, Mo., last year, she did her best to persuade passers-by to sign an initiative to ban high-cost payday loans. But it was difficult to keep … Continue reading
Posted in News from the Soul Brother
Tagged bad loans, economy, loan, middle class, Missouri, money, Paul Kiel, Payday loan
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Big Lie: America Doesn’t Have #1 Richest Middle-Class in the World…We’re Ranked 27th!
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 have hedge … Continue reading
Posted in News from the Soul Brother
Tagged AlterNet, American dream, business, economy, investing, life, middle class, money, United States, wealth
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Mom’s work is never done – and now it’s worth less, too
By Allison Linn If moms earned wages for the work they do around the house and with the kids, they’d be getting a pay cut this year.The take-home pay that a mother would earn for everything from cooking to handling … Continue reading
Posted in News from the Soul Brother
Tagged Bureau of Labor Statistics, economy, equal value, middle class, money, Mother, motherhood, parenting, Wage
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How to Bail Out Main Street
By Amie Fishman, East Bay Housing Organizations History will soon define the ongoing foreclosure crisis as one of the single greatest transfers of wealth in the US from middle and working class communities and communities of color to large financial … Continue reading
Jeff Sessions: Saying Millionaires Should Share Pain Is ‘Rather Pathetic’
I believe there is an insult in there, directed to all of us non-millionaires. What’s so pathetic to ask those who have been blessed with material wealth to do more? While they are asking millionaires to do more, why don’t … Continue reading
Posted in News from the Soul Brother
Tagged business, Business and Economy, democrats, economy, Jeff Sessions, middle class, millionaires, money, poor, Republicans, United States, wealth
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How Ruthless Banks Gutted the Black Middle Class and Got Away With It
Simply fascinating piece by Devonna Walker. Sadly there’s a lot of truth in it, as we all are experiencing. How Ruthless Banks Gutted the Black Middle Class and Got Away With It | Economy | AlterNet.
Posted in News from the Soul Brother
Tagged african american, banks, black, economy, middle class, money
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The Middle Class: How We Got One and Why We Need to Keep it
Unemployment, Underemployment, Under-paid, long work hours, unable to or just barely able to make ends meet. These are just some of the problems that face an endangered middle class. Lincoln Mitchell gives us a history lesson on the middle class … Continue reading
Posted in News from the Soul Brother
Tagged culture, Lincoln Mitchell, middle class, politics
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Disappearing Middle Class: Bilingual Ph.D. Accepts Rent Money From Church
The American middle class have been disappearing way before the current recession. For minorities and those who does not have the educational background of Maria Ortiz this recession turned into a depression long ago. In some respects the earlier successes of … Continue reading
Posted in News from the Soul Brother
Tagged depression, economy, jobs, middle class, money, recession, unemployment
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