Over the past four decades, the gap between those at the top of the income ladder and everyone else has widened. The "top" here includes, but is not limited to, the top 1%. A larger group, equivalent to the top fifth of the income ladder, have seen their incomes rise faster than the majority of Americans.
What social class are you in? If you are like most Americans, you will probably say "middle class." In a recent Pew survey, almost nine in 10 Americans did, and about half of Americans said they were "middle middle" class. Only 2 percent acknowledge that they're "upper class."
Income inequality has increased in recent decades: nobody disputes that. But there is plenty of argument over the main story. Is it the separation of the very rich in the top 1 percent of the distribution (the “we are the 99 percent” story), or is the fracture that counts lower down, with the top 20 percent pulling away from the rest?
Generations of British and US children have benefited from the hard work their parents contributed to many decades of strong economic growth. This has helped to ensure that, on average, children in their adult lives are economically better-off than their parents were at the same age. But growth has now been weaker for many years.
Public money is tight. Policymakers at federal and state levels are looking for savings. Some, at least, are anxious not to hurt poor and middle-income families. How do they balance the budget without worsening inequality?
In my new book Dream Hoarders, I argue that the American upper middle class is separating from the bottom 80 percent, and that this separation threatens the ideal of equal opportunity.
When I was growing up, my mother would sometimes threaten my brother and me with elocution lessons. It is no secret that how you talk matters a lot in a class-saturated society like the United Kingdom. Peterborough, our increasingly diverse hometown, was prosperous enough, but not upscale.
Of the 1,500 unpaid interns hired into Michael Bloomberg’s mayoral office in New York City in 2002, at least one in five had been recommended by someone within the administration. And one successful candidate had an especially easy interview: Emma Bloomberg.
In January 2015, Barack Obama suffered an acute political embarrassment. A proposal from the budget he’d sent to Congress was dead on arrival—but it was the president himself who killed it.
Teresa May last night became the second Conservative Prime Minister in less than year to take an unnecessary gamble, and lose. She was elevated to the premiership in the aftermath of David Cameron’s reckless decision to hold a referendum on EU membership. After the Brexit vote, and after a terrifying few days in which it seemed possible that Boris Johnson could lead Her Majesty’s Government, May seemed like a godsend.
One of the great advantages of the United States has, at least historically, been the nation’s sheer scale. With almost four million square miles of territory, there has almost always been somewhere to go to find land, or at least a living.
Liberals know better than socialists or conservatives that free societies can only function effectively if they are comprised of strong individuals. Paternalism becomes necessary when individuals lack the capacity and agency to run their own lives well.
This week, parents are being urged to take their kids to work for the day. But here’s a better idea: Don’t. Strike a blow for equality by taking a kid from a different social background instead.
The case of Murray v. Middlebury has generated plenty of interest, and for good reason. For those who missed it, Charles Murray, a distinguished if often controversial social scientist, was prevented from speaking at Middlebury College by repeated noisy disruptions to both a public and hastily-arranged private webcast.
The idea of paid leave is popular, as survey after survey shows. But in the minds of many, including President Trump, paid leave is seen as a women’s issue. This is wrong, wrong-headed, and regressive.
Dear Doctors Carson and Price, Congratulations on being nominated to serve as Secretary for Housing and Urban Development and Secretary for Health and Human Services, respectively, in the new administration.
For many whites, and especially for white men, a vote for Donald Trump was a cry of pain. Leave aside that most of Trump’s voters did not attend rallies, and that few live in the bizarre, twitterspheric world of the Alt-right. His successful wooing of white middle America, especially in the Mid-West, and of white less-educated men, helped him to win the Presidency.
As a rhetorical ideal, greater opportunity is hard to beat. Just about all candidates for high elected office declare their commitments to promoting opportunity – who, after all, could be against it? But opportunity is, to borrow a term from the philosopher and political theorist Isaiah Berlin, a “protean” word, with different meanings for different people at different times.
Here are three things that we know for sure: Children raised in stable homes do much better in life; The commitment of parents to providing stability matters a lot; Married parents are much more likely to stay together than cohabiting couples.
Nominally, the GOP now has political control of the federal government. But in reality, the U.S. is about to be governed by a coalition between a populist president and Republican leaders in Congress.