This analysis defined the global middle class as people earning $4,286 or more per year in PPP units – standardized international dollars. This threshold was based on a definition of the global middle class put forth by the International Bank for Reconstruction and Development/The World Bank in 2007.[6. numoffset=”6″ International Bank for Reconstruction and Development/The […]
In his Jan. 20 inaugural address, President Barack Obama said, “The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity.” Surveys conducted by the Pew Research Center’s Forum on Religion & Public Life find that income varies greatly within and […]
Roughly half of Americans describe themselves as middle class.
Bloggers last week focused on reports and predictions involving major changes to some of the country’s prominent institutions. And their verdict was mixed on whether these potentially dramatic developments were heartening or ominous.
Overview As Barack Obama takes office, the public’s focus is overwhelmingly on domestic policy concerns – particularly the economy. Strengthening the nation’s economy and improving the job situation stand at the top of the public’s list of domestic priorities for 2009. Meanwhile, the priority placed on issues such as the environment, crime, illegal immigration and […]