Tag Archives: middleclass

The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

By Charles Hugh Smith Source: Of Two Minds Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. I’ve been covering the decline of America’s middle class for … Continue reading

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How 90% of American Households Lost an Average of $17,000 in Wealth to the Plutocrats in 2016

By Paul Buchheit Source: Information Clearing House America has always been great for the richest 1%, and it’s rapidly becoming greater. Confirmation comes from recent work by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman; and from the 2015-2016 Credit Suisse Global Wealth Databooks (GWD). … Continue reading

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On the Meaning of “Middle Class” and the State of the Middle Class

By Dr. Nicholas Partyka Source: The Hampton Institute When politicians talk, one of the recurring themes about which they spew platitudes is the economy. It would be the subject of another essay to unpack what is meant by “the economy” … Continue reading

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