Iran’s rulers have managed to contain a wave of protest for now. But the nature of the unrest and the state’s lethal response ...
More families are moving up into higher income brackets, a new report from the American Enterprise Institute said, throwing cold water on the idea that America's middle class is disappearing because ...
We’re pleased to report the American middle class is indeed “hollowing out”—because ever more Americans are earning their way into higher income brackets. That runs counter to today’s populist gloom ...
Newsweek contacted the White House via email for comment on these latest polling figures. A spokesman previously said: "Turning the [Joe] Biden economic disaster around has informed nearly every ...
Most Americans have little sense of where they stand financially compared to their neighbors. A recent medical school graduate earning $200,000 annually but carrying $300,000 in student debt might ...
Brian Rolapp is interested in strength, not spectacle. Such strength, Rolapp believes, comes from a PGA Tour that is not overly reliant on a handful of star players, whether they’re already on his ...
In a world of rising prices, it is getting more difficult to get ahead financially. In fact, for millions of people, being a member of the middle class just isn't what it used to be. Here are some ...
This article appears in the December 2025 issue of The American Prospect magazine. Subscribe here. We are living in a new Gilded Age. The first, from roughly 1870 to 1890, was marked by dramatic ...
The good news is that Americans have never been richer. The bad news is that most of them don’t feel like it. There has been tremendous growth in income and wealth in the U.S. in the last half-century ...
The dream of a Hawaii vacation is quickly slipping away as rising costs are pricing out middle-class travelers. What was once considered to be an attainable trip for many is quickly becoming a luxury ...
America’s middle class is weary. After nearly five years of high prices, many middle-class earners thought life would be more affordable by now. Costs for goods and services are 25% above where they ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...