... to life, liberty, and the pursuit of happiness

   
     
Welcome to the MCA Institute where you will find resources, programs, policy proposals, and the latest news on the issues facing the American middle class and what we can do about them.


News Updates Show Middle Class Distress
See Archives for September - December 2008
 Financial Stress, Health Care, Jobs, Consumer Debt, Credit Crunch, Crime,
 College Degrees, Bail Out, Promising Signs, Retirement & More
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January, 2009

State of the Middle-Class, Promising Signs, Personal Financial Stress,
 Economy in Distress, Food Crisis, College Costs


State of the Middle Class

* Vice President Elect Joe Biden is to form a White House Task Force on raising the standard of living for the middle class, but just what is the middle class?
Defining the Middle Class
Business Week

* The gap between the have's and have not's is widening
The Changing Face of the Middle Class
Economy


Promising Signs

* Are McMansions going by the wayside?
Downturn Could Alter Tastes in Housing LA Times 1/3

 

* Economy forces many to weigh what's important
Resolutions Take an Outward Turn in Tough Times USA Today 1/1
 

* Newest strategy matches up homeowners
House Swaps Gains Popularity in Slow Market
USA Today 1/1


Personal Financial Stress

* Leaping from paycheck-to-paycheck into something far worse

Shopaholics, Big Spenders and People in Debt Getting Smacked by Economic Reality  AlterNet  1/1

 

Economy in Distress

* New orders, price increases at lowest levels since the 1940s.
Manufacturing Index Drops to 28-Year Low
Los Angeles Times  1/3

 

* National debt projected to jump to $2 trillion this year
US Could Be Facing Debt Time Bomb This Year MSNBC 1/2

 

* Disastrous holiday sales force bankruptcy and liquidations
Thousands of Stores to Disappear in 2009
CNN Money 1/1

 

* American's wonderlust is waning
Fewer Americans Move Out of State
USA Today 1/1
This could be seen as a promising sign that people are staying put and beginning to focus on their local areas, but it also means that, as Dmitry Orlov has predicted, some people who were hoping to relocate to more sustainable locales are going to be stuck where they are.

 

* Economic downturn forces Hollywood to fundamentally change
A Bleak Picture for Big Studios Los Angeles Times  1/2

 

* Facilities are closing as patient visits drop, insurers pay slowly and credit remains tight.
Recession Is Squeezing Life Out of Many Hospitals
Los Angeles Times  1/2

Food Crisis

* Americans are losing the ability to feed themselves
Corporate and Government Policies Spark Food Crisis in America
Refreshing News  1/4

 

College Costs

* Job market for college-educated workers weakesn
College Degrees No Shield as More Jobs are Slashed, Washington Post, 1/4.

 

* Alert!! Colleges encouraging growing student debt

Banks Market Credit Cards to Students New York Times  1/1

© 2008 – Paul & Sarah Edwards