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Middle Class

NEWS
July 9, 2012 | By Christi Parsons
WASHINGTON -- President Obama today plans to begin pushing for an extension of tax cuts for the middle class, a message he and his surrogates are scheduled to push in events across the country.   Income tax cuts initially passed under President George W. Bush are set to expire at the end of the year. Obama favors extending the cuts for one more year for those earning less than $250,000 annually. Republicans favor extending all the cuts. Obama plans a White House announcement today, according to an official familiar with the plans, as well as a series of television interviews with local-station anchors from several markets in battleground and other states.
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NEWS
August 2, 2012 | By Seema Mehta
ASPEN, Colo. -- Holding up a report card that gave President Obama a string of red marks on unemployment, housing foreclosures, the deficit and other measures, Mitt Romney said Thursday that the president has failed to carry out the promises he made when accepted the Democratic nomination not from far where he spoke. “I know in a campaign talk can be cheap, you can say anything. But results, if they're not done the right way, they can be real expensive,” Romney told supporters in Golden, Colo.
BUSINESS
March 16, 2014 | Michael Hiltzik
How's the U.S. economy doing? If you're rich, the answer is "fabulously. " Here are some data points from Diane Swonk, chief economist for Mesirow Financial in Chicago. " Spending at luxury retailers has come back," she told the Senate Finance Committee last week. High-end merchants routinely "sell out of purses with price tags in the thousands of dollars, before they even hit the shelves in New York. Spending at high-end restaurants is picking up.... Demand is on the rise for boutique hotels catering to the demands of the wealthiest clientele.
OPINION
August 28, 2012 | Doyle McManus
TAMPA, Fla. - The conventional wisdom is that this week's Republican National Convention needs to make Mitt Romney more "likable" - to replace his image as a frosty billionaire with the warmer (and, friends say, more accurate) picture of a family man, devout Mormon and private do-gooder. And yes, the convention began on Tuesday with biographical tributes, testimonials to Mitt the mensch and an appealing speech from the candidate's appealing wife, Ann Romney, who said: "You can trust Mitt....
WORLD
May 19, 2010 | By Borzou Daragahi, Los Angeles Times
When American tanks tore through her neighborhood, ripping up the roads as they uprooted a nation, she stayed put, refusing to move abroad like many of her wealthy friends. When the black-clad gunmen took over her religiously mixed west Baghdad neighborhood, turning it into a killing field, she wouldn't let them drive her out of the country she loved. And even when they killed her husband, gunning him down as he left work, she fought through her grief, staying in Iraq and hoping for better times.
NATIONAL
January 26, 2010 | By Christi Parsons and Peter Nicholas
Moving to address rising voter anger over federal deficits and the tattered shape of their own pocketbooks, President Obama will propose a freeze on non-defense-related federal spending as well as expanded aid to middle-class families in his State of the Union speech Wednesday night, White House aides said Monday. To counter the soaring federal deficit, which polls show is a major factor in voters' discontent, Obama will announce that the budget blueprint he files next week will contain a "hard freeze" on discretionary spending that lasts through 2013, an effort his advisors liken to the fiscal discipline average families impose on themselves every day. Obama and Vice President Joe Biden unveiled the outlines of their relief package for the middle class at a White House meeting Monday.
ENTERTAINMENT
March 20, 2009 | Mike Boehm
The protagonist of "Goldfish," the play by John Kolvenbach having its premiere tonight at South Coast Repertory, is an admirable, talented but beleaguered young man whose name, Albert Ledger, would sound a loud ding in any ear attuned to Hollywood. But Kolvenbach's cultural antennae evidently don't pick up the frequencies that buzz with celebrity news and gossip. "Heath Ledger? That did not occur to me," the earnest yet easygoing New Yorker says when his choice of a name comes up.
BUSINESS
August 22, 2012 | By Walter Hamilton
The vast majority of middle-class Americans say their financial well-being has been crimped over the last 10 years by sagging home values and dreary job prospects, according to a new survey. About 85% of middle-class people say it's tougher now than a decade ago to maintain their living standards, according to the Pew Research Center report. “Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some - but by no means all - of its characteristic faith in the future,” the report states.
CALIFORNIA | LOCAL
January 22, 1994
Heaven help the working person! President Clinton has resolved for 1994 to help the middle-class--again. FORREST BONNER Huntington Beach
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