Posts Tagged ‘The-Middle-Class’

The Middle Class Comeback:

Thursday, August 25th, 2016
Women, Millennials and Technology Leading the Way


In a time when the one percenters seem to have it all, author Munir Moon builds a case for the average Joe in his eye-opening new book, The Middle Class Comeback. So take heart and take control of your fears with Moon’s informative–and ultimately inspiring–look at the middle class.

While it is true that the middle class has been consistently squeezed while facing higher costs in health care, housing, education, and taxes, there are many positive developments that spell hope for those making a moderate income.

Moon, a former financial-industry executive and current business owner, uses his years of expertise to paint a portrait of the middle class that is not nearly as grim as the media would have you believe.

With clarity and insight, Moon details the ways in which the middle class is setting itself up for a comeback. This includes the increasingly strong presence of women in society; the rise of technology that will both create high-paying jobs and inspire different ways of approaching basic societal pillars; and the imminent takeover of the millennials, a generation that is poised to tackle our nation’s problems in a whole new way.

The Middle Class Comeback counters the negativity of the dominant narrative surrounding the past, present, and most importantly the future of the American middle class. Despite the doom and gloom making headlines, there are major forces working together: the rising power of women and millennials combined with rapid technological advances will prove that the middle class is ripe for a comeback.

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The Middle Class Comeback

Friday, August 19th, 2016

August 19, 2016 – The middle class is getting crushed. But there is hope. The most common argument about the middle class destruction is the declining or stagnant income, which is true. However, the main culprits are the costs of healthcare, education, and housing that have increased at a much higher rate, making it impossible for an average American family to attain a middle-class lifestyle (see chart below). Furthermore, the tax policies have exacerbated the problem by creating after-tax income and wealth inequality, favoring the non-working income taxed at a lower rate than the working income. Despite the doom and gloom about the middle class making headlines, there are three major forces working together—women, millennials, and technology, which provide hope for the future.

Change in Income vs Cost of Healthcare, Housing and College 1986 -2013 (more…)