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(822)

Private Credit Is Attracting Attention. Not All of It Is Good

Private Credit Is Attracting Attention. Not All of It Is Good

Private credit funds are having a moment. Once under-the-radar lenders that did deals with riskier clients, the firms have gotten a lot more popular as interest rates have climbed. But private credit ...

28 Feb 202416min

Have US Sanctions on Russia Worked?

Have US Sanctions on Russia Worked?

Two years after Russia invaded Ukraine, US-led sanctions have incalculably changed its economy – but haven’t ended the war. Treasury’s chief sanctions economist says US efforts are working. But one an...

26 Feb 202416min

Russia’s Hunt for Arms Meets North Korea’s Need for Cash

Russia’s Hunt for Arms Meets North Korea’s Need for Cash

The US and other countries say a deeper connection has been forged over a new arms trade between Russia and North Korea. They accuse North Korea of providing Russia with ballistic missiles and hundred...

23 Feb 202414min

The Other MH370 Mystery: Why a Key Safety Measure Keeps Stalling

The Other MH370 Mystery: Why a Key Safety Measure Keeps Stalling

Malaysia Airlines Flight 370 took off from Kuala Lumpur just after midnight on March 8, 2014. Aviation officials lost contact with the flight less than an hour later. MH370 never made it to its destin...

22 Feb 202412min

How One Business Decision Set Back the Fight Against Malaria

How One Business Decision Set Back the Fight Against Malaria

For years, it seemed like Papua New Guinea was on a course to stamp out malaria. In 2010, the total number of suspected malaria cases in Papua New Guinea was 1.7 million. By 2015, the number had been ...

21 Feb 202413min

Inside Top Hedge Fund Earners for 2023

Inside Top Hedge Fund Earners for 2023

Bill Ackman has had a big year. His constant posting and vocal condemnation of antisemitism on college campuses has won him over a million followers on X (and more than a few critics). Meanwhile, his ...

20 Feb 202410min

The Little Sanctions Office That Could

The Little Sanctions Office That Could

America’s use of sanctions has grown by almost 1,000% since 9/11. So why isn’t Congress giving the office in charge of them more resources?Today on the Big Take DC podcast, host Saleha Mohsin talks to...

19 Feb 202415min

Commercial Real Estate Can’t Ignore Its Empty-Office Problem Anymore

Commercial Real Estate Can’t Ignore Its Empty-Office Problem Anymore

The commercial real estate market has been upended by changing office habits and rising interest rates. For years, lenders and global investors did not have to confront these plunging building values....

16 Feb 202410min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
i-retten
stopp-verden
forklart
aftenpodden-usa
nokon-ma-ga
popradet
det-store-bildet
dine-penger-pengeradet
fotballpodden-2
aftenbla-bla
rss-ness
rss-gukild-johaug
hanna-de-heldige
rss-dannet-uten-piano
frokostshowet-pa-p5
e24-podden
rss-penger-polser-og-politikk
grasoner-den-nye-kalde-krigen