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middle class

[OP-ED]: The middle-class comeback is real

 09/06/2017 - 12:29
Para que Estados Unidos tenga éxito se requiere una clase media grande—y mayormente exitosa. El renacimiento de la clase media es prueba de optimismo. La pregunta persistente en este Día del Trabajo es si ese renacimiento perdurará. ¿O volverán los recuerdos de la Gran Recesión a perseguirnos?

On this Labor Day, the American middle class survives. Indeed, it’s expanding. That’s not the conclusion of some arcane scholarly study. It’s the judgment of Americans themselves, though it hasn’t received much attention from politicians or the media. Most Americans have moved beyond the fears bred by the Great Recession. The middle-class comeback may be the year’s most underreported story.

[OP-ED]: America’s postindustrial blues

 06/22/2017 - 09:43
Says Richard Reeves of the Brookings Institution in his new book “Dream Hoarders.” We should not be surprised that 58 percent of whites and 67 percent of whites without a college degree voted for Trump.

Ever since Donald Trump’s election, a cottage industry of politicians, journalists, scholars and commentators has sought to understand what motivates Trump supporters. Theories have ranged from globalization to a rebellion against Washington elitism to racism. But the true cause may have been overlooked: the “postindustrial society.”

[OP-ED]: Two cheers for a carbon tax

 02/19/2017 - 20:55

Fossil fuels now supply four-fifths of the world’s energy, a share that has dropped only slightly since 1990. To stabilize CO2 concentrations, we must essentially stop burning fossil fuels. How is this to happen? Supporters of a carbon tax hope that the market mechanism -- higher prices for fossil fuels -- will unleash a torrent of innovation: safer nuclear, less costly solar, better batteries. This is a leap of faith. Higher prices do not guarantee technological breakthroughs.
 

By all means, let’s have a carbon tax. It’s the best way to deal with global climate change. It would require Republicans and Democrats to compromise -- a good thing -- and would provide revenues for a government that desperately needs more revenue. Fine. But let’s not pretend that a carbon tax is a panacea for either climate change or too much debt.

Plain Text Author: 
Robert J. Samuelson