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MIDDLE-CLASS

The Wire

Govt announces money for green jobs and training

Vice President Joe Biden and two Cabinet secretaries unveiled a national program Tuesday to train workers for "green jobs" that will make public housing more energy-efficient.

Biden: Help on the way for middle-class families

Minnesotans put Vice President Joe Biden and four Cabinet members on the spot Thursday, asking how federal aid could help their transit projects, community colleges and small businesses make it through the economic downturn.

Panel to cite stimulus benefits for middle class

Middle-class families can look to the promise of new jobs, and rely on the economic recovery package for help getting through the recession, an Obama administration economist says.

Financial crisis hits Irish teachers, nurses

As a veteran nurse, Margaret Horan is used to feeling overworked and underpaid. A steady flow of coughing, moaning and bleeding Dubliners must wait hours to be seen because of staff shortages at her hospital in the working-class heart of the capital.

Middle class task force to meet in Philadelphia

Green jobs, where are they and how to get them, will be the focus when President Barack Obama's task force on middle-class working families formally begins its work on Friday in Philadelphia.

Biden to oversee efforts aimed at middle class

As vice president, Joe Biden will oversee an Obama administration effort to find ways of building up the ranks of the middle class, that ambiguously defined segment of society most Americans identify with.

Presidential race zeros in on middle class

Retired steelworker Claude Cunningham strides into the John McCain campaign office on Main Street and asks for yard signs.

Economy, Debt Weighing on Middle Class

More and more middle-class Americans say they aren't better off than they were five years ago, reflecting economic pressures amid growing personal debt, a study released Wednesday found.

Romney's 6-Figure 'Middle Class'

No one in the Republican presidential race talks more about middle-class tax relief than Mitt Romney. The twist: His view of who fits into the middle class is more expansive than most.

The Vine

Where is the US heading?

On what course is our country going. We seem to be traveling down a hill full of land mines! We consider this country such a wealth of knowledge and strength. Yet when you really look at us as a country we are very much in a dangerous position.

Lou Dobbs Abruptly Quits CNN
Source: The New York Times

Jonathan Klein, offered a choice to Lou Dobbs, the channel's most outspoken anchor. Mr. Dobbs could vent his opinions on radio and anchor an objective newscast on television, or he could leave CNN.

Revenge of the middle class - The Hill's Pundits Blog
Source: thehill.com

The elections today should send a simple message to the Obama administration and congressional Democrats: You lost the middle class, and you won't get them back until you fundamentally change your legislative agenda.

Taxing "Cadillac" Health Care Plans

I don't think we should be taxing Cadillac health care. It's too cumbersome, too hard to understand and only benefits the tax accountants and attorneys. It is regressive, it hits middle incomes too unfairly, and it is too complicated to understand.

Erap-Binay team: Restrain Erap-Binay team: Restrain
Source:

[Manila, Philippines] To this piece, that is the foremost political question about Erap Estrada and Jojo Binay.

How Are Some Middle-Class Families Coping with the Recession? Growing Pot
Source: AlterNet.org

A financial stimulus for the recession-battered middle class: pot farming.

Looking for a Middle Class
Source: Truthdig

It is easy to blame the financial crisis, Wall Street's breathtaking bonuses or the culture of excess that glittered until we found ourselves on the precipice of a second Great Depression.

Middle class squeeze: The deep roots of an economic and social transformation -- DailyFinance
Source: AOL

This is an excellent narrative speaking to how the US middle class finds itself trying to avoid extinction. My disdain rose as it was clear that we allowed financiers to sell out the nation through speculating with our financial security.

Pelosi says new tax is 'on the table'
Source: the Hill

Pelosi says new tax is 'on the table' By Michael O'Brien - 10/06/09 10:59 AM ET A new value-added tax (VAT) is "on the table" to help the U.S. address its fiscal liabilities, House Speaker Nancy Pelosi (D-Calif.) said Monday night.

Obama's not-so-secret plan to raise taxes :: James Pethokoukis
Source: Reuters

Does President Obama have a secret plan to raise taxes on middle-class Americans — and,well, pretty much everybody else — with a European-style, value-added tax? Actually, it's not such a big secret. Connect the dots:

Who in the world is middle class?
Source: MSN

Almost all of us think we are, but the incomes and comforts of that lifestyle vary widely. Still, discretionary income is a middle-class hallmark, which has marketers everywhere salivating.

Why are the Wealthy so Hated?

Based upon our socioeconomic class status, there are three types of people: Lower Class, Middle Class, and Upper Class. Even within those "classes", there are sub-classes, broken down again into lower, middle, and upper.

Taxing Cadillac Health Plans - Who Knew We Were All Driving Cadillacs?
Source: Truthdig

Baucus' idea is to tax "Cadillac" insurance plans—policies that supposedly are so costly and generous they are luxuries—in an effort to raise about $215 billion over the next decade, or roughly a quarter of the $800 billion the Baucus proposal would cost.

Who Will Harness the Rage?
Source: Common Dreams

ver since the economy crashed and the government paid hundreds of billions of dollars to bail out the fat-cats who were responsible, a populist rage has been seething away across the country.

Dem Senator Warns of 'Big, Big Tax' on Middle Class in Baucus Bill
Source: ABC News Blogs

It's not every day that you hear a Democratic senator charge that a fellow Democrat is proposing to raise taxes on the middle class, but that is what happened on Tuesday when Sen. Jay Rockefeller, D-W.Va., ripped into the health-care bill developed by Sen.

Common Sense 2009
Source: The Huffington Post

Obama's failure to act sends one message loud and clear: He cannot stand up to the powerful Wall Street interests that supplied the bulk of his campaign money for the 2008 election. Nor, for that matter, can Congress, for much the same reason.

For Media, "Class War" Has Wealthy Victims
Source: Fairness & Accuracy In Reporting

During an ABC Nightline interview on May 21, 2003, host Ted Koppel suggested that his guest was engaging in "class warfare" by arguing that the wealthy should pay increased taxes.

ObamaCare's Real Price Tag (The funding gap is a canyon by year 10.)
Source: Wall Street Journal

As ObamaCare sinks in the polls, Democrats are complaining that the critics are distorting their proposals. But the truth is that the closer one inspects the actual details, the worse it all looks.

Obama officials: Taxes may rise to pay health care
Source: The Boston Globe

Two of President Barack Obama's economic heavyweights said middle-class taxes might have to go up to pare budget deficits or to pay for the proposed overhaul of the nation's health care system. Geithner and Summers both sidestepped questions on Obama's intentions about taxes.

Watch the middle class as it just disappears - St. Petersburg Times
Source: St. Petersburg Times > Local News

The debate about bank bailouts and health care is missing a critical piece of context: The American economy hasn't been working for the working- and middle class for decades.

The Great Tax Con Job
Source: t r u t h o u t

I had to read this three times. It's full of numbers and that usually sends me running in the opposite direction. But I'm glad I went to the trouble to try to understand it because now I see that it's really not very complicated at all. This is it in a nutshell:

Obamacare: Not Ready for the Big Leagues
Source: National Review Online

The truly rich would be largely unaffected by Obamacare. They'd pay a lot more in taxes, but they never really needed private insurance anyway, and they'd still get the care they want — whether here or abroad — by paying for it out of their own pockets.

Fixed Annuity Sales Surge Should Continue This Year
Source:

The 3rd quarter of 2008 will be remembered as the one when all hell broke loose as the economy tanked.

Dennis Prager : Americans Are Beginning to Understand the Left - Townhall.com
Source:

The left has its first president -- with the possible exception of Franklin Delano Roosevelt -- and for the first time controls the Democratic Party and both houses of Congress.

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