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American middle class News

Wealth gap: U.S. descending into feudalism warns plutocrat

Seattle - An American plutocrat has warned that the United States will descend into feudalism and could face social upheaval as the gap between super-rich and the rest widens.

United States is no longer home to world's richest middle class

The US middle class, long a symbol of the nation's economic might and proof that the "American Dream" was more than just a dream, is no longer the world's wealthiest.

President's Budget axes moon mission, focus is on middle class

The release of the President's Budget has confirmed the rumours that NASA's moon mission would be scrubbed. With millions of other cuts and reductions to control the deficit, the budget was unveiled Monday.
 

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Plutocrat  author and entrepreneur Nick Hanauer has warned that US wealth disparities are leading to...
Plutocrat, author and entrepreneur Nick Hanauer has warned that US wealth disparities are leading to a feudal society with revolution the inevitable outcome.
Nick Hanauer -

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