Herbert Manown is a self-described “jack-of-all-trades but master of none.” A Harley Davidson-riding Vietnam War Navy veteran, he has worked in construction, at the post office, and with the United States Census Bureau. At 62, he’s still fit and healthy, with a strong handshake and grandfatherly eyes framed by black glasses and thick, bushy brows. Life was stable for Herb …
The Hot New Millennial Housing Trend Is a Repeat of the Middle Ages
For most of human history, people were hunter-gatherers. They lived in large camps, depending on one another for food, childcare, and everything else—all without walls, doors, or picket fences. In comparison, the number of people living in most households in today’s developed countries is quite small. According to the Census Bureau, fewer than three people lived in the average American household in …
Nadia Prupis – Census Data ‘Starkly Illustrates’ the Time for Single Payer Is Now
The latest U.S. Census Bureau data clearly illustrates that the need for a single-payer, Medicare-for-all health program has never been more urgent, the advocacy group Physicians for a National Health Program (PNHP) said Tuesday. The census found that 29 million people went uninsured last year, including 3.7 million children, and that deductibles and other out-of-pocket costs have continued to rise well …
Sam Becker – How Much Money Does the Average American Have in Their Bank Account?
Despite living in what is likely the wealthiest nation to ever have existed, Americans sure are having a hard time getting by. As most people are well aware of at this point, wage stagnation and numerous structural economic changes over the years have led to a shrinking middle class, fewer and fewer “good” jobs, and calls for political policies that were once thought …
Richard Eskow – What’s Killing the American Middle Class?
A new study by the Pew Research Center spurred a rash of headlines last week about “the dying middle class.” But the word “dying” might be more appropriate if we were watching the regrettable but inevitable effects of natural forces at work. We’re not. We’re seeing the fruits of deliberate action – and sometimes of deliberate inaction – at the …
Sarah Leonard, Bhaskar Sunkara – Why Our Generation’s Best Chance Is Socialism
Every election season is a time of bemoaning why millennials won’t vote for politicians boldly committed to picking at the edges of their problems. Consider a snapshot of the situation young people face: the unemployment rate for workers under age 25 is 18.1 percent; unemployment for black people who have not graduated from high school is 82.5 percent; the people …
Amanda LeClaire – U-M Researchers: Low Income And Minority Communities Are Targets For Hazardous Waste Industries
University of Michigan researchers say low income and minority communities are targeted as sites for hazardous waste facilities. Using U.S. Census data, researchers found a pattern of hazardous waste sites being built near poor and minority communities. U-M’s Environmental Studies Professor Paul Mohai explains that this study clears up the question of whether toxic waste facilities cause demographic changes or …
Ralph Nader – Big Crony CEO Pay Grab–Effects Beyond Greed!
As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, the highest-paid CEOs had already made as much as their average workers will earn over 8 years. An analysis by Equilar, a consulting …
Paul Buchheit – The Real Terrorists: The .01%
They consist of 16,000 individuals, about the size of a crowd at a professional basketball game. The inequality horror they’ve fomented is reaching far beyond the half of America that is in or near poverty, for it now impacts those of us well above the median, those of us in the second highest of four wealth quartiles. 1. The .01% …
America Crosses The Tipping Point: The Middle Class Is Now A Minority
Americans have long lived in a nation made up primarily of middle-class families, neither rich nor poor, but comfortable enough, notes NPR’s Marilyn Geewax, but this year – for the first time in US history, that changed. A new analysis of government data showsthat as of 2015, middle-income households have become the minority, extending a multi-decade decline that confirms the hollowing out of …