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.

Avsnitt(825)

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billio...

12 Maj 20232min

A Coke Can. A Chemist. And The Chinese Government.

A Coke Can. A Chemist. And The Chinese Government.

Bloomberg reporters Drake Bennett and Jordan Robertson join this episode to tell the wild, winding tale of Shannon You, a chemist once employed by Coca-Cola who was also in the business of stealing tr...

12 Maj 202334min

The US Braces For a Post-Covid Immigration Surge

The US Braces For a Post-Covid Immigration Surge

The emergency restrictions on immigration that the Trump administration invoked during the COVID-19 pandemic expire tonight. The White House is now preparing for a surge of migrants crossing the South...

11 Maj 202330min

Should The Supreme Court Be Allowed to Police Itself?

Should The Supreme Court Be Allowed to Police Itself?

US Supreme Court Justice Clarence Thomas’s failure to disclose lavish vacations paid for by a Texas billionaire have cast a harsh light on the High Court’s ethics rules—or lack of them. Bloomberg Supr...

10 Maj 202330min

Washington Is Watching Turkey’s Election—So Is Moscow

Washington Is Watching Turkey’s Election—So Is Moscow

Turkey’s president Recep Tayyip Erdogan has been in power for two decades. But he now faces a challenge in the country’s May 14 elections from a candidate representing a coalition of opposition partie...

9 Maj 202323min

Can Joe Biden Beat Donald Trump Again?

Can Joe Biden Beat Donald Trump Again?

President Joe Biden surprised exactly no one when he announced he’s running for re-election. But with high inflation, an uncertain economy, turmoil on the Southern border, and roiling culture wars–alo...

8 Maj 202328min

Does Returning to the Moon Need To Be This…Complicated?

Does Returning to the Moon Need To Be This…Complicated?

On April 20, the SpaceX Starship Super Heavy rocket made its first test flight. And even though it exploded after just a few minutes in flight, that doesn’t necessarily mean it was a failure. Bloomber...

5 Maj 202327min

No, Really. Are We Finally Heading Toward a Recession?

No, Really. Are We Finally Heading Toward a Recession?

First Republic Bank is the latest financial institution to fail amid turmoil across the industry. Meanwhile, inflation is still high. Layoffs are rocking some industries. And labor shortages are throt...

4 Maj 202328min

Populärt inom Politik & nyheter

motiv
aftonbladet-krim
blenda-2
p3-krim
rss-krimstad
fordomspodden
flashback-forever
rss-viva-fotboll
svenska-fall
svd-dokumentara-berattelser-2
rss-sanning-konsekvens
aftonbladet-daily
rss-vad-fan-hande
spar
rss-flodet
olyckan-inifran
rss-krimreportrarna
rss-frandfors-horna
grans
dagens-eko