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Category Archives: Middle Class

Bad News For The Economy: Some Have Stopped Paying Loans On Mobile Homes

Some people in the United States have stopped paying their loans on mobile homes. This is a bad sign for the economy as many no longer can afford the increase in interest rates. According to a report by Yahoo Finance, the mobile home market is showing the first signs of stress.  The delinquency rate on […]

“This Is Absolutely Crazy”: Obamacare Signups Start As Americans Increasingly Balk At Surging Premiums

This article was originally published by Tyler Durden at Zero Hedge After years of surging premiums and deductibles, will 2018 finally be the year that America’s middle class throws in the towel and brings the whole scheme crashing down? While we won’t know the answer to that question for at least a couple of months, […]

Trump Proposes Repealing Obamacare’s Individual Mandate To Pay For Tax Cuts

Wouldn't it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings for further Tax Cuts….. — Donald J. Trump (@realDonaldTrump) November 1, 2017 zerohedge.com / by Tyler Durden / Nov 1, 2017 11:33 AM In a proposal which will further infuriate Democrats, moments ago Trump suggested repealing Obamacare’s individual mandate […]

The Globalists Are Systematically Destroying America’s Middle Class

When people are dependent on the government they are much easier to control.  We are often told that we are not “compassionate” when we object to the endless expansion of government social programs, but that is not how the debate should be framed.  In America today, well over 100 million people receive money from the […]

Stocks Up, Bonds Up, Gold Up, & Dollar Down But ‘Middle-Class-Miracle’ Fades

zerohedge.com / by Tyler Durden / Sep 28, 2017 4:02 PM Odd day. Low volume, small range in stocks. Good macro. Some questions over just how ‘miraculous’ Trump’s tax plan will be for the middle-class… but the day’s trend across FX, bond, and commodities was set early on when Asia closed and dollar-sellers, bond-buyers, and precious-metal-purchasers came back […]

Gary Cohn: “I Can’t Guarantee” Taxes Won’t Go Up For The Middle Class

zerohedge.com / by Tyler Durden / Sep 28, 2017 11:52 AM While proclaiming that “the biggest winners will be everyday American workers,” President Trump’s top economic adviser, Gary Cohn told ABC News’ George Stephanopoulos that he can’t guarantee that taxes won’t go up for some middle-class families under the administration’s sweeping tax overhaul. “The biggest winners will be the everyday American workers as […]

The Middle Class Is Being Destroyed: Now Only 25 Percent Of All Americans Have $10,000 Or More In Savings

We just got more evidence that the middle class is being systematically eviscerated.  According to a GOBankingRates survey that was just released, more than half the country has less than $1,000 in savings.  So in the event of a major economic disaster of some kind, over 50 percent of the nation is going to be […]

Every RINO Needs To Go

It looks like the effort to repeal Obamacare is completely dead, and that says a lot about the current state of the Republican Party.  For decades, RINOs (Republicans In Name Only) have been using labels such as “Republican”, “conservative”, “pro-gun” and “pro-life” to get elected, but then once they get into office they govern like […]

Dying Middle Class: The Number Of Americans That Can’t Afford Their Own Homes Has More Than Doubled

Have you lost your spot in the middle class yet?  For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one.  According to a report that was produced by researchers at Harvard University, the number of Americans that […]

The Tens Of Millions Of Forgotten Americans That The U.S. Economy Has Left Behind

The evidence that the middle class in America is dying continues to mount.  As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.  Of course the economy has not been doing […]