Rep. Loretta Sanchez is concerned tight mortgage lending requirements are making it difficult for the middle-class to become homeowners and forcing them to become renters. "Lending requirements are still too tight," Bernanke agrees.
Former Rep. Anthony Weiner, D-N.Y., who resigned in 2011 after lewd online behavior, announced on Wednesday in a new political ad he was entering the New York City mayoral race. The NOW panel discusses.
SAN JOSE, California (Reuters) - One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else. The other bi Full story
Jared Bernstein, senior fellow at the Center on Budget and Policy Priorites, explain why the Jazz Age of Jay Gatsby and income inequality is back – and what we should do to avoid an unhappy ending.
Former DNC Communications Director Karen Finney and Bloomberg View’s William Cohan debate whether the ice is thawing in the GOP attacks on President Obama’s budget as both Sen. Lindsey Graham, R-South Carolina, and Rep. Paul Ryan, R-Wisconsin, have – for them – good things to say about it – then bot
Rep. Peter Welch, D-Vermont, explains why he can’t support the Republican version of the continuing resolution – which marks the return of Paul Ryan to the budgeting process and his favorite way to bring about a balanced budget: austerity.
Former DNC Communications Director Karen Finney, The Huffington Post’s Sam Stein, Gillian Tett from The Financial Times, and Buzzfeed’s Ben Smith join Alex Wagner to talk about gridlock over the looming automatic spending cuts.
Morning Joe economic analyst Steve Rattner looks at statistics from the Census Bureau and Pew to track the decline in middle class wages over the past decade. Rattner shows that "household net worth is now back in real terms to where it was in the early 1980s."
Rows of condominium buildings are seen behind a middle-class residential district in Mandaluyong, Metro Manila in this July 4, 2012 file photo. Picture taken July 4, 2012. To match Analysis SOUTHEASTASIA-INFRASTRUCTURE/ REUTERS/Erik De Castro/Files (PHILIPPINES - Tags: POLITICS BUSINESS REAL ESTA
Transparent Container quality manager John Walters speaks during an interview at the company headquarters in Addison, Illinois, February 21, 2013. Community colleges in less affluent areas have been hit especially hard in a pattern that could undermine some of U.S. President Barack Obama's efforts
President Barack Obama speaks about strengthening the economy for the middle class and measures to combat gun violence during a visit to Hyde Park Academy in Chicago, Illinois February 15, 2013. REUTERS/Kevin Lamarque
U.S. President Barack Obama speaks about strengthening the economy for the middle class and measures to combat gun violence during a visit to Hyde Park Academy in Chicago, Illinois February 15, 2013. REUTERS/Kevin Lamarque