In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher …
middle class
How Religious Affiliation Affects Charitable Giving
Just as America is often divided between red and blue and rich and poor, a new study shows a similar gap between Americans who give more generously to charity and those who don’t. But the study says almost as much about …
Million Dollar Babies: What It Really Costs to Raise a Child
Last week, the Department of Agriculture announced that the cost of raising a child is now estimated to be $234,900. The fact that this figure represents an all-time high probably set some new and expectant parents into a panic. …
End of an Era: Iconic Greeters Reassigned at Walmart
Say goodbye to the iconic Walmart greeter, who came to symbolize the plight of under-saved retirees in need of a lifeline.
Vast Majority of Middle Class Expects to Work Well Beyond Retirement Age
America’s middle class has had a rough go of things in recent years, and few in the middle anticipate life getting easier as they get older. In a new survey, three-quarters of American middle-class workers say they expect to keep working past the normal retirement age (65), and one-quarter think they’ll have to work at least until they’re 80.
How Marketers Would Brand Occupy Wall Street
To build a brand—or a movement—that is successful over the long haul, marketing experts say that it is essential to establish definable goals, spread a simple, clear message to the masses, and have leaders to oversee the …
Welfare Soars in Ritzy Suburbs
Why America Must Revive Its Middle Class
In an excerpt from his new book The Price of Civilization, liberal economist Jeffery Sachs argues that without a robust middle class and even more government spending, the U.S. will remain stagnant for years.
U.S. Poverty Rate at its Highest Since 1993
The fragile economy pushed more Americans into poverty last year, according to the Census Bureau, as median household income fell from the year before.
The Sad, Sorry State of the Middle Class
One needs only to browse the headlines, or perhaps observe the bustling action at your neighborhood thrift store, to realize that America’s middle classes have been faring poorly lately.
To Kick Off the Labor Day Festivities, Some Grim Employment Statistics
Labor Day weekend is celebrated in honor of workers everywhere. Now, if only there were more companies willing to do the honorable thing and put more workers to work …
Middle Class Sees Biggest Employment Drop in Recession
Early on in the financial crisis there was talk of this finally being the Wall Street recession. Investment bankers, CEOs and other high-paid types would be thrown out of their jobs or see their paychecks cut. Manufacturing and …
