Word: classing
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...reason the auto industry is in rough shape - they think that's unjustified, not warranted," says David Lipsky, professor of dispute resolution at Cornell's School of Industrial and Labor Relations. And with some reason, says Lipsky, "they were innovative and creative: they built a comfortable lifestyle for middle-class Americans. And now it's turned out to be a house of cards...
Apparently "expos" is taking on new meaning for the class of 2012 : Fly By has discovered an eager group of first-year men "expos"ing themselves on the web. Video after the jump. [youtube=http://www.youtube.com/watch?v=l9H1bQdT8Pw]A video posted on YouTube features six young men, presumably first-year residents of Canaday Hall, getting down and dirty in the basement of the newest -- but perhaps not cleanest -- freshman dorm. Although there are no women to speak of in the video, it is set to the Britney Spears song "Womanizer". And though the video is sans nudity, here are some highlights...
Today, most middle-class Americans are homeowners. They have mortgages, at least some college education and a professional or managerial job that earns them somewhere between $30,000 and $100,000 a year. Although the suburban stereotype still holds, the middle class is just as likely to be found in urban centers (rural, not so much), and 70% of them have cable and two or more cars. Two-thirds have high-speed Internet, and 40% own a flat-screen TV. They have several credit cards each and a lot of luxury goods, but they still believe that others have more...
That might be because the middle class is slightly more conservative than liberal (over half oppose gay marriage). Yet they are split fairly evenly between political parties and can often swing an election because - duh - there are so many of them. They went for Bush in 2004 and Obama in 2008. When Ronald Reagan asked Americans in 1980, "Are you better off than you were four years ago?" he was speaking to the middle class. A 1979 public-opinion survey found a rising number of middle-class Americans felt that their lives were getting worse, and it was with those...
Vice President Biden attempted to define middle-class Americans as people who would find it difficult to miss more than two paychecks, and he wasn't far off; with wage increases failing to keep pace with inflation, about 21% of middle-class Americans have spent themselves to the limit. Personal bankruptcies rose by a third last year and mortgage defaults - well, they're moving beyond subprime borrowers and hitting those with previously high credit scores. On Feb. 27, Biden and eight members of his task force, including Education Secretary Arne Duncan and Energy Secretary Steven Chu, will meet...