Free Republic

This is the Democratic Party’s new top-bottom coalition, one in which the traditional middle class—white ethnics, blue-collar manufacturing and trade workers, small business owners, and others—has no part. These “left-outs” are the urban equivalents of Reagan Democrats. Their instinct to vote Democratic may remain, but the economic interests that once bound them to the party have largely disappeared, leaving them politically unaffiliated. They are open to voting for a compelling Republican, such as Rudolph Giuliani—particularly if the city in which they live appears to be spiraling downward. In other words, these independent-minded, urban middle classes are quintessential swing voters. They...

One phenomenon of the modern economy is affluence that doesn’t feel like it. You work, earn and spend quite a lot, yet it seems you’re getting nowhere. Some new economic analysis helps quantify just how many people might be characterized as the “wealthy poor”— and it’s a surprisingly large chunk of the overall population. A new paper by economists Greg Kaplan and Justin Weidner of Princeton University, and Giovanni Violante of New York University, finds that about 70 million Americans may live in families they describe as “wealthy hand-to-mouth” households. These are families that own assets such as homes, cars,...

A bunch of labor unions’ massive retrenchment from directly supporting the passage of ObamaCare to publicly taking the legislation to the woodshed is well documented by now, but yet another big union just came out swinging against the law by levying one of President Obama’s favorite intellectually bankrupt themes against him: Income inequality, of course. Via the Washington Examiner: A national union that represents 300,000 low-wage hospitality workers charges in a new report that Obamacare will slam wages, cut hours, limit access to health insurance and worsen the very “income equality” President Obama says he is campaigning to fix.“Only in...

...Over the past 50 years or so, these post-Protestants have gradually formed the core of a new and fascinating social class in America....And we can recognize their origins in mainline Protestantism when we discern some of the ways in which they see the world and themselves. They are, for the most part, politically liberal, preferring that government rather than private associations address social concerns. They remained puritanical and highly judgmental, at least about health. And like all puritans, they are willing to use law to compel behavior they think right. Nonetheless, they do not think of themselves as akin to...

MINGO JUNCTION, Ohio The roar is gone. Five years after Wheeling-Pittsburgh Steel's once-thunderous mill went idle, the only sound here is that of the oldest parts of the plant being dismantled. The demolition began about a day or so before a red carpet rolled out at the White House for a state dinner featuring a dress worn by the first lady that cost more than the salary of a police officer in this town. The demolition still was going on last Wednesday, at the same time that Vice President Joe Biden boasted about the positive impact that the American Recovery...

From the end of World War II until the 1990s, California possessed a magnetism unique among the 50 states. It was — according to a mythology that was probably overwrought even in those halcyon days — an American Eden, a place where ambition and unfettered imagination combined to make even the most exotic dreams seem feasible. One of the reasons that image was so enduring was that the state consistently delivered on the outsized expectations. It came to be the center of American entertainment, with “Hollywood” becoming a metonym for the entire industry. It fostered the digital revolution that would...

The biggest issue facing the American economy, and our political system, is the gradual descent of the middle class into proletarian status. This process, which has been going on intermittently since the 1970s, has worsened considerably over the past five years, and threatens to turn this century into one marked by downward mobility. The decline has less to do with the power of the “one percent” per se than with the drying up of opportunity amid what is seen on Wall Street and in the White House as a sustained recovery. Despite President Obama’s rhetorical devotion to reducing inequality, it...

CBS News reports that the combination of food prices being inflated and the stagnation of wages is threatening the middle class. The report noted that staples such as chicken, ground beef, and bacon have skyrocketed in price since 2011: the price of chicken is 18.4% more than it was; ground beef is up 16.8%; and bacon saw a huge increase of 22.8% in price. These price hikes came despite the federal government’s sunny assertion that prices in general have only increased 6.4% in that period. Meanwhile, median income has only risen 1% each year, while the cost of college tuition...

The roots of American liberalism are not compassion, but snobbery. That’s the thesis of Fred Siegel’s revealing new book, The Revolt Against the Masses: How Liberalism Has Undermined the Middle Class.

Submitted by Michael Snyder of The Economic Collapse blog, The death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it. Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. consumers have accumulated record-setting levels of debt. Being independent is at the heart of what it means to be "middle class", and unfortunately the percentage of Americans that are able to take care of themselves without government assistance continues to decline....

President Barack Obama says the U.S. can take steps to ensure more people can join and stay in the middle class. In his weekly radio and Internet address, Obama is echoing themes from his State of the Union address. He says some of his ideas require Congress, but he’ll take steps on his own where he can. …

If there were any shreds of hope left that the stunning decline of the middle class could be turned around, Obamacare has absolutely destroyed them. Over the past decade or so, the middle class in the United States has been absolutely eviscerated. The number of working age Americans without a job has increased by 27 million since the year 2000, median household income in the U.S. has fallen for five years in a row, and the poverty numbers in this country are spiraling out of control. And now here comes Obamacare. As you will see below, Obamacare is causing millions...

Taxes: Once upon a time, President Obama promised he wouldn't raise taxes on the middle class. Millions of those getting insurance cancellation notices are finding out how fraudulent that promise was, too. Matthew Fleischer, a freelance writer in Los Angeles, recently learned ObamaCare will force him off a plan he likes, and a comparable policy will cost him nearly $800 more next year. "Most young, middle-class Americans I know are happy that millions of previously uninsured people will receive free or heavily subsidized insurance under the Affordable Care Act," he wrote in a Los Angeles Times op-ed. "We just didn't...

Uncertainty and struggle are what we most often associate with poverty. Not knowing if you can still afford to pay next month’s bills and worrying over how much more you can cut back when you’re already barely getting by. This way of life has become more associated with the middle class than with those at the very bottom. The statistic that shows that average black household worth is at $4,955 while average white household worth is at $110,729 is often quoted, but these numbers are not comparing similar things. The $110,729 and $4,955 don’t reflect different standards of living; but...

My mother and father taught me some important lessons in my life. One of them was to not to pay attention to what someone is saying, but rather pay attention to what they are doing and the consequences of their actions. Never has this lesson been more evident in taking stock of the economic policies of Obama and the progressive liberals who seek to transform America from an individualistic, capitalistic society to a collective, socially democrat one. We hear on the news every day that the economy is improving, people are going back to work, and that the dark days...

We have all heard the news stories about people so morbidly obese that they could not exit their house or apartment. I remember one story of a person who had to be lifted out with a crane after a wall was removed. These people are addicted to eating, and in some cases, ate incessantly even though they knew that they were jeopardizing their health and eventually, their lives. They grew so large that they were barely able to move and rendered themselves largely useless except as a food-disposal unit. This reminds me of our federal government, which was once agile...

The Middle Class Is Being Systematically Wiped Out Of Existence In America The 25 statistics that you are about to read are solid proof that the middle class in America is being systematically wiped out. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world. It seemed like almost everyone owned a home, had a couple of nice vehicles and could provide a very comfortable lifestyle for their families. Sadly, that has all changed. In America today, prices are rising at a very brisk pace but incomes are not....

New England’s largest coal-fired power plant has been slated for shutdown, partly due to Environmental Protection Agency regulations.The Brayton Point Station in Massachusetts will no longer provide power to the region’s electrical grid when the plant is shut down in 2017. The plant’s owner Energy Capital Partners has cited several factors for its closing, including competition from natural gas and the need to spend “significant capital to meet environmental regulations and to operate and maintain an aging plant.”Environmentalists argue that coal is no longer an economically viable fuel source.“If Brayton Point can’t make it economically, no coal plant can make...

OAKLAND, Calif. (AP) -- Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.

http://www.usatoday.com/story/news/nation/2013/09/20/obama-congress-republicans-kansas-city-budget-shutdown/2842889/