Tag: Middle Class
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Republicans continue to make the rich richer and the poor poorer
It’s pretty hard to keep up with the inanities coming out of the mouth our “president”. As a Democrat he sure embarrasses me, but I often wonder why Republicans are not. If retiring Senator Bob Corker (R-TN) is correct, most Republicans in Congress are embarrassed by Trump, but can’t summon the political will to say…
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Money is freedom
Americans celebrate freedom. Everyone is free, we proudly proclaim. But what exactly is freedom anyhow? Freedom amounts to being able to do what you want when you want to do it. Based on this criterion, it’s clear to me that some of us are freer that others, and those are people with more money. When…
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The end of the middle class
My thanks to commenter George who, five years after it was published, left the first comment to my 2003 post, The Dual Income Trap. George is one of millions of average Americans who has meticulously played by the rules and done all the prudent things. By doing so, he now finds his family preciously hanging…
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The Fading American Middle Class
The Washington Post has been running a series of articles on the fading American middle class. These articles are enlightening. However they are not all surprising. The reality is the American middle class is an endangered species. America is quickly dividing into a society of haves and have nots. This trend probably does not bode…
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The Dual Income Trap
I like it when the little light bulb above my head goes off. It doesn’t happen as often these days, but it did the other day when I read this interview in Salon with Elizabeth Warren. She is professor at the Harvard Law School. Together with her daughter Amelia Warren Tyagi they wrote a recently…