The liberal war over the Obama legacy has already begun

The race for the Democratic nomination is a battle over the legacy of the Obama presidency. Hillary Clinton, completing her transition from rival to heir, lathers herself in that legacy whenever possible. Bernie Sanders offers a skeptical wag of the finger, his every call for revolution suggesting that so much hope has led to little […]

Banks Got Bailed Out, Homeowners Got Sold Out — and the Feds Made a Killing

You wouldn’t think that anyone could look at the calamity of the foreclosure crisis, where fraudulent mortgage origination, fraudulent securitizations, fraudulent loan servicing and fraudulent evictions combined to dispossess 6 million Americans from their homes, and see it as a money-making opportunity. Well, nobody except for perhaps Donald Trump. But a news investigation into the […]

The American Middle Class Is Losing Ground

After more than four decades of serving as the nation’s economic majority, the American middle class is now matched in number by those in the economic tiers above and below it. In early 2015, 120.8 million adults were in middle-income households, compared with 121.3 million in lower- and upper-income households combined, a demographic shift that […]

Most Americans Say Government Doesn’t Do Enough to Help Middle Class

At a time when the middle class in the United States is losing ground, most Americans say the federal government provides too little help to this segment of society. And as voters begin casting the first ballots in the 2016 presidential election, neither political party is widely viewed as supportive of the middle class in […]