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Middle Class

NEWS
December 9, 2012
Honest look ahead Thanks very much for Diane Mastrull's excellent article "Planning to maintain the Taussig mission" (Monday). It's so refreshing to see an organization, especially a family-owned organization such as Untours, a travel-planning business, deal honestly with the impending mortality of a founder. I love the unflinching, unsentimental, and yet kind discussion by those facing family succession and Hal Taussig's mortality. So many of us would be well-served to follow this example of leadership, both in business and in our own lives and families.
NEWS
December 9, 2012 | By E. J. Dionne, For The Inquirer
Over the long run, the most important impact of an election is not on the winning party, but on the loser. Winners feel confirmed in staying the course they're on. Losing parties - those intent on winning again someday - are moved to figure out what they did wrong and how they must change. The conservative movement and the Republican Party it controls were stunned by President Obama's victory last month. The depth of their astonishment was itself a sign of how much they misunderstood the country they proposed to lead.
NEWS
December 6, 2012 | By Joelle Farrell, Inquirer Trenton Bureau
TRENTON - Gov. Christie and Democrats may be putting aside partisanship in Washington to fight for federal money to rebuild the Jersey Shore after Hurricane Sandy. But back in Trenton, the Republican governor and the Democratic Legislature have used the storm to resurrect arguments and shove them in each other's faces. All in the name of bipartisanship. On Tuesday, Assembly leaders announced a $20 million package of job-creation bills, some of which Christie previously vetoed.
NEWS
December 3, 2012 | ASSOCIATED PRESS
PRESIDENT OBAMA, during a visit to Montgomery County on Friday, argued that allowing taxes to rise for the middle class would amount to a "lump of coal" for Christmas, while in Washington, Republican House Speaker John Boehner declared that negotiations to surmount a looming fiscal cliff are going "almost nowhere. " Obama took his case to an audience in Hatfield, saying that a middle-class tax increase would present a "Scrooge Christmas" for millions of wage-earners. Speaking at a toy factory, Obama said Republicans should extend existing Bush-era tax rates for households earning $250,000 or less and allow increases to kick in for the more well-off.
BUSINESS
December 2, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
President Obama , at the K'Nex toy factory in Hatfield, and House Republican leader John Boehner , in Washington, said Friday they were far from agreeing how to boost taxes, cut spending, or prevent more extreme fiscal cliff government cuts and tax hikes. Less spending? More taxes? Those will slow the U.S. economy, not speed it up. Is this all we have to hope for from Washington next year? "Victory for the middle class is more jobs and higher wages," writes veteran stock-watcher James M. Meyer , of $1 billion-asset Tower Bridge Advisors , West Conshohocken, in a report for clients of Boenning & Scattergood . Too bad, he writes of the fiscal cliff debate, that "there is absolutely nothing that will come out of this" to help the middle class.
NEWS
November 28, 2012 | By Jonathan Tamari, Inquirer Washington Bureau
WASHINGTON - In case anyone missed it, President Obama and his allies had a reminder for lawmakers returning to work Monday: the fiscal cliff is coming, and it will take a massive bite out of the middle class unless a deal is reached by Dec. 31. The message was delivered anew by a White House report showing that looming tax hikes could cost middle-income families $2,200 and take a $200 billion chunk out of consumer spending, slowing economic growth....
NEWS
November 17, 2012 | By Jonathan Tamari, Inquirer Washington Bureau
WASHINGTON - Mayor Nutter, standing outside the White House on Thursday evening, delivered a message that echoed the one from his ally inside: Ensure middle-class tax cuts stay in place, before the country heads over the fiscal cliff. "Taxpayers making less than $250,000 should not see their taxes go up," Nutter said after he and 13 other mayors met with Vice President Biden. "If you have one thing that everyone agrees on, there's no reason not to do that one thing now. " Nutter's comments as he stood outside the West Wing highlighted his ongoing role as one of Obama's most visible allies, having served as one of the president's top surrogates during the election.
NEWS
November 16, 2012 | By Jonathan Tamari, INQUIRER WASHINGTON BUREAU
WASHINGTON - Mayor Nutter, standing outside the White House Thursday evening, delivered a message that echoed the one coming from his ally inside: Ensure middle-class tax cuts stay in place, before the country heads over the fiscal cliff. "Taxpayers making less than $250,000 should not see their taxes go up," Nutter said after he and 13 other mayors met with Vice President Biden. "If you have one thing that everyone agrees on, there's no reason not to do that one thing now. " Nutter's comments as he stood outside the West Wing highlighted his ongoing role as one of Obama's most visible allies, having served as one of the president's top surrogates during the election.
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