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Americans realize they've lost power and income to the very rich. Too many Democrats, even too many unions, have yet to go to war for them.
A "follow the money" analysis of the Maine Senate race, as in the Platner challenge, shows that it is indeed an exercise in class warfare.
A steady job used to be enough for you to buy a house, raise a family, and retire with something left over. That promise has quietly broken down over the past few decades. In its p...
The idea is seductive and simple: earn more, keep more, build more. Work your way up, and the math takes care of itself. But that is not how the economic system actually works, and...
Most people define social class by income. That framing misses the deeper truth. The real difference between the working class, the middle class, and the upper class comes down to...
In its more than two centuries of existence, the Democratic Party has, from time to time, demonstrated that it knows how to do politics. This may be one of those moments.
Most people assume the difference between the upper and working classes is a matter of income. It goes far deeper than a paycheck. The real separation isn’t how much money each gro...
What’s a “fair share” of funding for a government that many Americans distrust?
Inflation is described as a problem that affects everyone equally. That’s not true. Inflation moves purchasing power from one group to another, and the direction almost always favo...
Paul Kiernan and Laura J. Nelson, California’s Billionaire Tax Kicks Off a Democratic Civil War (Wall Street Journal, June 25, 2026) California’s proposed billionaire tax will appe...
Most people are taught how to earn money. Few are taught what to do with it once they have it, and almost nobody is taught how to make it grow without working for it directly. That...
Sadly, trying to tax wealth directly is not what it is cracked up to be. But there are other approaches that are viable.
Most people are never taught the actual rules of wealth. They’re taught to work hard, save money, and stay out of debt. All reasonable advice, but advice that keeps them firmly in...
"Why should a middle-class nurse pay a larger share of her paycheck than a wealthy corporate lawyer?"
Two people can earn the same paycheck and end up in completely different financial positions ten years later. The gap rarely comes down to luck. It comes down to habits, the kind t...
Most people grow up learning the same financial script: get a job, spend less than you earn, save what’s left. That advice isn’t wrong. It’s just incomplete in ways that quietly co...
The financial divide between upper-class and working-class households runs deeper than income alone. It comes down to systems, habits, and access to tools that either build lasting...
Most working-class people aren’t poor because they don’t work hard enough. Working-class Americans often log more physical hours on the job than anyone else in the economy. The rea...
America's oligarchs guard their hoards jealously-but there may be a way in.
Rep. Ro Khanna's minimum wage proposal promises prosperity but would likely price many low-skilled workers out of the labor market.
Democracy, for most of its existence, has managed to coexist with oligarchy, but only on the condition that oligarchs exert their influence quietly. Citizens, including ordinary Am...
The debate over whether Graham Platner is “working class” comes at a time when more and more people are at risk of falling into it.
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