The American Middle Class – 2019 and Beyond, What Now?

A Storied History of the American Middle Class- Part 3 “The middle-class is the heart and backbone of this country”: an idea that has been a central position for many a presidential candidate, and for a long time it was a true statement. The middle class became the bedrock that sustained the country in times of volatility, ensuring continued success with better-paying jobs and a steady-stream of happy consumers. This strong declaration of the importance of the middle-class was even used during the 2016 election, although the upper-class had taken…

The American Middle Class – 1990’s thru 2019, The Shift

A Storied History of the American Middle Class- Part 2 “The middle-class is the heart and backbone of this country”: an idea that has been a central position for many a presidential candidate, and for a long time it was a true statement. The middle class became the bedrock that sustained the country in times of volatility, ensuring continued success with better-paying jobs and a steady-stream of happy consumers. This strong declaration of the importance of the middle-class was even used during the 2016 election, although the upper-class had taken…

The American Middle Class – 1950’s thru 1980’s, The Standard

A Storied History of the American Middle Class “The middle-class is the heart and backbone of this country”: an idea that has been a central position for many a presidential candidate, and for a long time it was a true statement. The middle class became the bedrock that sustained the country in times of volatility, ensuring continued success with better-paying jobs and a steady-stream of happy consumers. This strong declaration of the importance of the middle-class was even used during the 2016 election, although the upper-class had taken over an…

How Public Schools Are Paid For

“An investment in knowledge pays the best interest” But who exactly are the main investors in the knowledge sought from schools? Though private institutes normally charge tuition fees from their students, public schools don’t. Public schools, also widely known as state schools, offer both primary and secondary education to students free of charge, and are usually non-selective i.e. inclusive, in admitting students in the area they serve. How then are they funded and who ensures they keep functioning well? Since they are state-owned, the obvious answer quite rightly, is that…

How Business Tax Subsidies Work

Economies across the globe strive towards progress and economic development. This is also often the prime goal or focus of governments, both state and local. Government officials are always striving towards attracting firms and businesses to help them grow and flourish. In doing so, they often end up offering financial incentives to potential firms and businesses. One of these most commonly provided incentives include tax subsidies. What Is A Tax Subsidy? Before knowing how business tax subsidies work, it is imperative to understand what exactly a tax subsidy is. Simply…

What Is Personal Economics?

Do you ever find yourself evaluating your financial situation and anticipating your financial future? Or perhaps, reaching out to finance advisors to help you with wealth management and acquisition of necessary economic skills? This kind of financial literacy is what Personal Economics is all about.  It allows you to bring financial stability and capability to your life. Furthermore, it helps you to envision the ups and downs you will encounter while handling your personal finances. Different Elements of Personal Economics While finance is a major part of Personal Economics, there…

The Basics about Our U.S Economy

Did you know that the U.S Economy is the world’s third largest economy? It is also one of the world’s most diversified economies, owing to its world-leading industrial sector. The U.S economy is said to be a mixed economy where both privately-owned businesses and the government play their respective roles. This means that it while it operates as a free market economy and allows the consumers to have a say in resource allocation, it also runs on the functions of a command economy where government takes the major decisions. But…