The US Middle Class Is Doing Fine. Why Are They So Worried?
Big Take27 Okt 2022

The US Middle Class Is Doing Fine. Why Are They So Worried?

Hello and welcome to The Big Take Podcast!

Today: The good news, and not so good news, about the US middle class. With inflation rising, the stock market ping-ponging and housing prices softening, that broad swath of Americans who form the backbone of the US economy are getting hit on all sides. Bloomberg reporters Shawn Donnan, Alex Tanzi, Claire Ballentine and Airielle Lowe teamed up to take a look at how middle-income Americans are doing. The answer: Not so badly, actually–at least on paper.

Even so, they’re worried about what’s next for them. And they have good reason to be.

Shawn sits down with Wes to share the results from their exclusive polling and what these precarious economic times mean for the fortunes of working Americans.

Learn more about this story here: https://bloom.bg/3faCxwM

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

Episoder(816)

Why Eggs Are So Expensive Right Now

Why Eggs Are So Expensive Right Now

The price of eggs was up 15% in January, driving overall inflation higher. The cause? Bird flu. We’re joined by farmer Jim Hayes, as well as the hosts of Bloomberg’s Odd Lots podcast, Joe Weisenthal a...

21 Feb 202516min

Undocumented Workers Helped Build Elon Musk’s Tesla Gigafactory

Undocumented Workers Helped Build Elon Musk’s Tesla Gigafactory

Over the last four-and-a-half years, the footprint of Elon Musk’s Texas business empire has undergone rapid expansion. It now includes SpaceX facilities and a sprawling Tesla gigafactory outside the s...

19 Feb 202519min

How Amazon Rival Temu Got Sucked Into Trump’s Trade War

How Amazon Rival Temu Got Sucked Into Trump’s Trade War

Since its US launch in 2022, Chinese marketplace Temu has rapidly risen to become America’s biggest e-commerce platform after Amazon, thanks to ultra-low prices on almost every product imaginable. On ...

18 Feb 202516min

How a Libertarian Island Experiment Became an $11 Billion Nightmare

How a Libertarian Island Experiment Became an $11 Billion Nightmare

Prospera is a city-state operated by a private company on the Honduran island of Roatan. It offers businesses single-digit tax rates and the ability to choose their own regulations. Its proponents hav...

17 Feb 202519min

It’s Not You. There’s a Dating Recession Happening Right Now

It’s Not You. There’s a Dating Recession Happening Right Now

This Valentine’s Day, as many as 13 million more Americans are single than before the pandemic. On today’s Big Take podcast, Bloomberg reporter Ben Steverman shares what he’s learned about the cause ...

14 Feb 202515min

How Intel Lost Its Edge

How Intel Lost Its Edge

Intel invented computer processors and was a dominant supplier of chips for decades. Now AI is fuelling record demand for next-generation chips. But Bloomberg’s Ian King says Intel is no longer the go...

12 Feb 202517min

China’s New Game Plan for Dealing With Trump Tariffs

China’s New Game Plan for Dealing With Trump Tariffs

As US President Donald Trump imposes new tariffs on China, Xi Jinping's government has had a far more muted response than it did during the trade war in Trump’s first term. On today’s Big Take Asia Po...

11 Feb 202518min

For European Start-Ups, Valuation Depends On Location, Location, Location

For European Start-Ups, Valuation Depends On Location, Location, Location

Financial markets in Europe have long been fragmented and constrained, driving home-grown startups to list and raise capital in the US. Now, Europe is trying to reverse the trend. Can it hold onto inn...

10 Feb 202516min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
i-retten
forklart
stopp-verden
popradet
fotballpodden-2
det-store-bildet
dine-penger-pengeradet
rss-gukild-johaug
bt-dokumentar-2
hanna-de-heldige
aftenbla-bla
nokon-ma-ga
rss-ness
e24-podden
rss-penger-polser-og-politikk
frokostshowet-pa-p5
chit-chat-med-helle