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Middle Class

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.
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....
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.
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.
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.
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.
January 22, 1994
Heaven help the working person! President Clinton has resolved for 1994 to help the middle-class--again. FORREST BONNER Huntington Beach
October 13, 1991
In reading your editorial on the squeezing of the middle class, you conveniently forget to mention the real reason why the middle class is under siege. This blunder on your part is understandable since your editorial policy is biased toward ever-increasing big government. The real squeeze comes from the oppressive personal taxation in this state, together with the over-regulation and bleeding of business through mandated costs, i.e., worker's compensation, health insurance, etc. It is obvious that in this society and especially in this anti-business state, the real enemy of all people, especially the middle class, is ever-expanding big government.
February 8, 2008 | Moises Naim, Moises Naim is editor in chief of Foreign Policy magazine, where a longer version of this column will appear.
The middle class in poor countries is the fastest-growing segment of the world's population. While the total population of the planet will increase by about a billion people in the next 12 years, the ranks of the middle class will swell by as many as 1.8 billion -- 600 million just in China. Homi Kharas, a researcher at the Brookings Institution, estimates that by 2020, the world's middle class will grow to include a staggering 52% of the total population, up from 30% now.
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