Showing posts with label Middle Class. Show all posts
Showing posts with label Middle Class. Show all posts
Monday, May 11, 2026

US economic growth peaked during the Reagan administration because America is a debt-based economy and we turned our backs on the formula during it

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 The trend for the growth of the total universe of US debt, TCMDO or total credit market debt outstanding, rolled over after 1985, one year ...
Wednesday, February 11, 2026

I'm so old I remember when Jan 2026 full time employment at 48.79% of population was Great Recession level bad

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 That whole China joining the WTO and globalization thingy has really worked out great for the American middle class amirite? The winter tre...
Tuesday, December 16, 2025

This article in liberal VOX is a great defense of the metric called Gross Domestic Product

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 The only number that really matters  ... GDP tells you how much resource-generating capacity you have by looking at how much you are doing ...
Friday, November 21, 2025

Imagine sitting in the dark to save on electricity when you make $115k

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 Reported here : ... The effort to keep up with higher prices feels relentless to Teri Kopp, who lives in Southbury, Conn., and works as a...
Thursday, October 23, 2025

Obamacare's chickens have come home to roost!

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David Dayen should have entitled this The Planned Failure of Obamacare Is Now Upon Us.  The Health Insurance Cost Crisis Is Now Upon Us  ......
Wednesday, August 27, 2025

Speaking of The Worker, what's old and stupid is new again at The Department of Labor

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  A fatal notion of things, half false & half stupid, began to pervade educated & semi-educated minds: "the worker" become...
Tuesday, June 10, 2025

The White House's Stephen Miller attacks libertarians for opposing the reconciliation bill's immigration enforcement spending

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 ... the White House deputy chief of staff — and chief architect of Trump’s immigration agenda — is taking a sledgehammer to what remains of...
Wednesday, June 4, 2025

Emmanuel Todd: The Trump "revolution" is a mixture of reason and nihilism headed toward decadence in a nation now missing the strengths of both ethnic cohesion and Protestant faith

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  This is the full text of La révolution Trump by Emmanuel Todd in "From Russia With Love", translated by Arnaud Bertrand: The T...
Saturday, November 2, 2024

Joe Biden's National Security Adviser Jake Sullivan is married to this woman, Maggie Goodlander, who is running for the US House in New Hampshire District 2, except she doesn't really live in it

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Goodlander's home is currently out of district in Portsmouth and she is worth a lot of money , with median estimated assets of $24 milli...
Friday, November 1, 2024

Just 49.7% had a full-time job in October 2024 vs. 50.3% in Oct 2023 and 50.1% in Oct 2022

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Just one percentage point of current civilian population is 2.69 million full time jobs. The trend is worryingly down for the middle class, ...
Friday, October 11, 2024

Kamala Harris should make up her mind already, oddly tells Latino audience all of a sudden that she comes from the working class and will not forget it

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 Her PhD dad and PhD mom both had . . . jobs lol. Link .  Did Kamala forget that she's been touting herself repeatedly as middle class?...

Hey! She grew up middle class!

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She sat for the cover as Hurricane Milton was bearing down on Florida, because people who lose everything in a hurricane will need light, at...
Monday, September 2, 2024

The middle class couldn't afford restaurants under Obama-Biden, eleven years later they can't afford even fast food under Biden-Harris

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 You got what you voted for, good and hard.  
Friday, July 26, 2024

Kamala Harris wants to build the middle class by throwing $3,000 rent-subsidies at people instead of making this an economy which provides full-time jobs at potential

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 Building the middle class may be a ‘defining goal’ under a Harris presidency — how that may shape a key tax credit 53% working full time to...
Thursday, May 30, 2024

Nominal GDP for 1Q2024 was revised down $28.6 billion in the second estimate today: What's the big picture?

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 Nominal GDP came in at a revised $28.255 trillion. Sounds like a lot, right? Here's the big picture. From 1947 to 2000, nominal GDP gre...
Sunday, April 21, 2024

Democrat media are not covering this story: If re-elected Joe Biden promises to let Trump 2017 tax cuts expire

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 President Biden vowed Friday that  former President Donald Trump’s 2017 tax cuts  would lapse next year if he’s re-elected and “stay expire...
Saturday, April 6, 2024

Lyin' Joe Biden's IRS is auditing the middle class, not the rich as promised

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 Discussed here :   "As of last summer, 63% of new audits targeted taxpayers with income of less than $200,000,"   reports   the  ...
Friday, March 8, 2024

You should read The Untold History of the Biden Family about Joe's so-called middle class dad

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It's a doozy, in The New Yorker no less, here , August 15, 2022: Relatively little has been known about the President’s father, whose s...
Monday, October 3, 2022

Global fascists wrecked the US middle class, and now they want to wreck it some more

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  UN Calls on Fed to Halt Rate Rises...
Thursday, August 11, 2022

Phony Democrat SALT Caucus is out there today boasting it is going to vote for the Manchin bill anyway, which doesn't undo the Trump tax increases on the wealthy they promised to get rid of

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State, local relief not in cards for residents of high-tax states as House assesses Inflation Reduction Act :   a group of House Democrats...