middle class

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  • Former Pakistan PM Nawaz Sharif declares victory in historic poll


    heave-ho.orgAuthority Authority: 150
    The results, which need to be officially confirmed, indicated Sharif’s party has an overwhelming lead but would fall short of winning a majority of the 272 directly elected national assembly seats. See more here: Former Pakistan PM Nawaz Sharif declares victory in historic poll
    1 week ago
  • How Is Anyone Supposed to Understand This


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    After reading this piece by Brad DeLong, I ask you, how are normal people supposed to understand all this and plan for their retirement?
    1 week ago
  • Thousands in Israel protest proposed budget


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    Israeli police say protesters are marching in Tel Aviv over proposed tax hikes and benefit cuts. Spokesman Micky Rosenfeld said about two thousand rallied Saturday night. Protesters are angry over the proposed decrees by Israels new finance minister Yair Lapid who started his job several ...
    1 week ago
  • Behind the Scenes: President Obamas Middle Class Jobs & Opportunity Tour - Austin, Texas


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    President Obama traveled to Austin, Texas, kicking off a series of Middle Class Jobs & Opportunity Tours focused on creating a strong and vibrant economy built on good middle class jobs. President Obama is not waiting for Congress to act, and he will continue pushing lawmakers on Capitol Hill to take action on ...
    1 week ago
  • Why are the Rich So Rich, while Everyone Else Struggles?


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    Ordinary working Americans don’t seem to have as much of a chance anymore at striking it rich.  Over the past three decades, income disparity between the wealthy and middle class has exploded.  That makes it much harder for average people to pursue the American dream and nearly impossible for the poor.  Upward ...
    1 week ago
  • Africa’s Emerging Middle Class Drives Growth, Democracy


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    A middle-class family in Zambia From The Globe & Mail (Canada) : "After years of headlines about Africa’s poverty, its emerging middle class is now grabbing attention as a driver of growth and democracy and an expanding pool of consumers for market-hungry retailers. Consumer demand is a motor of ...
    1 week ago
  • Wall Street Hiring More Ex-Government Prostitutes Officials to Assure it Gets its Way


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    The infamous James Carville quote, “Drag a hundred-dollar bill through a trailer park, you never know what you’ll find,” seems more applicable to official Washington than the much-maligned Paula Jones. Ben White at Politico (hat tip Paul Tioxon) provided an update on the revolving door, Wall Street edition. ...
    1 week ago
  • Wolf Richter: When Flight Safety Gets Outsourced To China


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    By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Cross posted from Testosterone Pit . Aircraft maintenance was a highly paid blue-collar job that required education, training, manual skills, and brains. It was one of the ...
    1 week ago
  • Social Mobility in Mexico


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    A girl from the “Insurgentes de la Paz” (Peace Insurgents) school hangs up her school bag near an old bus turned into her classroom in the settlement of Pueblo Nuevo, Oaxaca (Stringer/Courtesy Reuters). One of the biggest criticisms leveled at Mexico is the lack of social mobility. A new report published by ...
    1 week ago
  • Daily Digest 5/9 - Why We All Need The Middle Classes, Everybody Lives in Asia


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    Gold Is Collapsing, Not Bottoming: Swedroe 11 Reasons Why The Federal Reserve Should Be Abolished Germans splurge on Italian homes locals can’t afford India’s new China war No Bank Deposits Will Be Spared from Confiscation Gold: Who’s Selling, Whos Buying, Whos Lying Everybody Lives in Asia Only 150 of ...
    1 week ago
  • Obama heading to Austin, with local guide Ron Kirk tagging along


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    … President Obama boarding Air Force One en route to Austin. (AP photo) WASHINGTON — Marine One lifted off from the White House … [ visit site to read more ]
    1 week ago
  • Young, Middle Class & Black In South Africa


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    Buppies cluster in Gauteng Province (Johannesburg area) From Moneyweb (South Africa) : "In the last eight years, the black middle class has doubled from 8% to 16% of this population segment. To qualify, they must earn between R16 000 [US$1,776] and R50 000 [US$5,550] per month, have a tertiary qualification, a ...
    1 week ago
  • President Obama’s press secretary on the middle-class jobs tour: Why visit Texas? Why not?


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    … White House Press Secretary Jay Carney says the president is traveling to Texas tomorrow because while there’s lots of gridlock and partisan infighting in Washington, the Lone Star State is home … [ visit site to read more ]
    1 week ago
  • GOPster Austerity Failing Utterly!


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     Very Revealing Graph Kindly Forwarded by Josh Dow The letter to the editor posted below from the May 5, 2013 Walworth County Sunday, written by Ron Shrader was submitted by Mary Gilding for inclusion in the BAP Blog. Combined with the above chart and the sudden and utter rejection of the failed ...
    1 week ago
  • 29 Shocking Facts That Prove That College Education In America Is A Giant Money Making Scam


    InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, EconomicsAuthority Authority: 563
    by Michael College education in the United States has become a cruel joke.  We endlessly push our high school kids to invest tens of thousands of dollars and at least four years of their lives to get a college education because they won’t have any sort of a “future” without it.  So they sign up for decades ...
    1 week ago
  • Inflation hitting housing, tuition, and medical services. Is the Fed reinventing another debt based bubble?


    InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, EconomicsAuthority Authority: 563
    from MyBudget360.com: Household income is a vital measure of the overall well-being for most Americans.  This is why it is important to try to understand why overall household incomes are back to levels last seen in 1995.  This is a critical barometer that measures the health of the US middle class.  Yet we ...
    1 week ago
  • Do You Need A Policy For Your Remote Workers?


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    After  Marissa Mayer, CEO of Yahoo, has previously reaffirmed the ban on telecommuting , discussion spread across the social web . Not only potential remote workers and telecommuters are affected by such policies but als the employer. For those who cannot agree on her decision, we would like to give some pointers ...
    1 week ago
  • Africa: economy


    Wednesday-NightAuthority Authority: 143
    African Arguments African Development Bank African economic outlook Africa development indicators 2008-2009 Kenya SciDevNet Sub-Saharan Africa (CSM) Africa Monitor , a weekly look at business, investment, and development trends. World Economic Forum on Africa 2011 2010 Annual ...
    1 week ago
  • U.S. Surgeon General to Headline HOPE Forum in Atlanta May 17th, 2013


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    May 02 2013 U.S. Surgeon General to Headline HOPE Forum in Atlanta May 17th, 2013 Medical leaders to discuss national healthcare plan and responsible investments in health ATLANTA – May 2, 2013 –  Operation HOPE (HOPE), the financial literacy and empowerment nonprofit, will host U.S. Surgeon ...
    1 week ago
  • Obama’s Patronage System: Pritzker Nomination for Commerce Department, Limp-Wristed Dodd Frank


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    The consternation at the not-exactly-a-surprise nomination of billionaire Penny Pritzker to be Commerce Secretary, is sadly much less than is warranted. That suggests that the Forbes 400 member will survive her confirmation hearings. And in a telling bit of synchronicity, last week some fauxgressives set about ...
    1 week ago

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