I recently wrote about the shrinking Shrinking American middle-class and since that piece appeared the word on the street hasn’t gotten better. According to the Wall Street Journal and Salon.com major manufacturers of consumer products are “bifurcating” their product lines. In simple terms, they are restructuring their marketing in ways to appeal to two different markets separated by income. In this case, the true middle and upper classes and the growing lower middle-class and poor.
For generations Proctor and Gamble marketed its consumer product line to the growing middle-class in America. Today, however, P&G is an example of a company becoming more aware of the divide in incomes and that yesterday’s middle-class are seeking more affordable alternatives. Accordingly, the company is developing Continue reading Our Fading Middle-Class, More Proof!→
For the first decade of the 21st century the Republican party controlled the Presidency for eight straight years and both houses of the Congress for most of that time. Given that, how can GOP leader, Paul Ryan, come before the nation and claim Obama’s policies are creating class warfare?
America today is a nation divided many ways but especially about who gets the big piece of the pie. As I and others have stated before, one-percent of the people have over forty-percent of the nation’s wealth. Much of that disparity results from tax cuts, tax rates, tax policy, and neglected tax regulation fostered during the eight years of George W. Bush.
I have a friend who, throughout our current economic woes, insists that the economy has, “never been better.” The most recent census data reveals the poverty level in America has reached a twenty-seven year high. Huh?
The following column by David Brooks appeared in the September 2, 2011 edition of the New York Times. While I as a Democrat don’t agree with all Brooks has to say, he really isn’t speaking to me so much as he is speaking to his own political party. As a moderate Republican, Brooks is having the discussion all Republicans need to be having but is being avoided by the party’s elected politicians and leaders.
There’s a specter haunting American politics: national decline. Is America on the way down, and, if so, what can be done about it?
America has been taking the first Monday in September off since the late 1800s. The holiday rose from the labor violence of that era as a reaction to the growth of the unionism and collective bargaining. It is a day whose purpose is to honor the efforts of those who fought so hard to attain better conditions for the nation’s working classes.
Just when you think you can’t get more upset you pick up a cyber newspaper and in the words of Emeril “BAM,” you get smacked between the eyes. This morning’s draw dropping headline screamed that at least 25 American corporations paid their Chief Executive Officers more in salary than they paid Uncle Sam in taxes.
Yesterday I received an email telling me about an item posted on Ebay that was drawing major attention along with bids nearing $100,000 dollars. The seller was a young college student, Lucas Perie, from Greenfield. The item being sold, a simple drawing of a Hewlett-Packard Touchpad computer.
It appears that following HP’s announcement they were discounting their popular touch pad device the demand skyrocketed and inventories rapidly dwindled. Dwindling inventory drove the price into the stratosphere and somehow Lucas conceived the idea that Continue reading Lucas Perie, Ebay Star→
Frequently when discussing the distribution of wealth in America a conservative will employ the phrase, “class warfare.” They argue that liberals and the liberal media are trying to drive a wedge between the haves and have-nots that will somehow lead to a forced redistribution of wealth at the hands of government.