How the Economic Lives of the Middle Class Have Changed Since 2016, by the Numbers

In Economy On

Based on a simplified extrapolation, it works out to about $122 gained a month for a typical family — which for some would be wiped out by higher mortgage rates.

The United States economy is the strongest it has been in ages. Growth has been robust, and the unemployment rate is at generational lows, as new data Friday affirmed.

Yet the Republican Party, which controls the White House and Congress, trails Democrats substantially in polling on which party is preferred.

It helps to look beyond the overall economic data to understand this disconnect. After all, you can’t eat G.D.P., and good jobs numbers aren’t the same as a place to live.

If you look instead at the actual financial lives of average middle-income families from 2016 — their incomes, spending, assets and debt — and how shifts since Election Day in 2016 would have been likely to affect them, you get a more mixed picture.

Read full article

You may also read!

A Look Inside the Tactics of Definers, Facebook’s Attack Dog

SAN FRANCISCO — A small firm called Definers Public

Read More...

How Brexit Is a Win For Putin

When Vladimir Putin worked in Dresden, he watched helplessly

Read More...

Mobile Sliding Menu

Common Ground
We don’t need to search any further for common ground in our country. We have it.
We all want the same things – a safe, prosperous, free, democratic nation with opportunity for all. At the same time, we will all be harmed if our democracy, our free press, our Constitution and our core American values are threatened. We will all certainly be harmed if reckless behavior triggers any number of potential armed conflicts.

None of us know how this will all play out so let's make a deal. Let’s get up to speed on the issues, establish some facts, take action and watch what happens together . . .