I am ali velshi. This show marks the beginning of Al Jazeera Americas yearlong conversation about americas middle class rebuilding the dream. Nine out of 10 americans identify themselves as already being in or aspiring to be in the middle class. And most americans agree that the middle class is in crisis, squeezed by years of job losses, rises costs and stagnant wages. Over the next hour, i will introduce you to people like yourselves, people with real world pressures in their daily lives, people like the sabino family of new york, the maddox family of oregon. I will speak to americas foremost experts that follow problems americans face. Robert reich, Teamsters Union James Hoffa Suzie hormann and robert schiller. We will identify why the middle class is crucial to a thriving economy. Who is in the middle class . The pressures they face and what it will take to keep the dream from slipping away from millions of americans. While 90 of americans aspire to be in the middle class, when you
I am ali velshi. This show marks the beginning of al jazeera americas yearlong conversation about americas middle class rebuilding the dream. Nine out of 10 americans identify themselves as already being in or aspiring to be in the middle class. And most americans agree that the middle class is in crisis, squeezed by years of job losses, rises costs and stagnant wages. Over the next hour, i will introduce you to people like yourselves, people with real world pressures in their daily lives, people like the sabino family of new york, the maddox family of oregon. I will speak to americas foremost experts that follow problems americans face. Robert reich, Teamsters Union James Hoffa Suzie hormann and robert schiller. We will identify why the middle class is crucial to a thriving economy. Who is in the middle class . The pressures they face and what it will take to keep the dream from slipping away from millions of americans. While 90 of americans aspire to be in the middle class, when you
Im ali velshi, this show marks the begin of al jazeeras discussion of rebuilding the middle class. Most americans agree that the middle class is in crisis, squeezed by years of job losses, rising costs, and stagnant wages. Over the next hour, ill introduce you to people like your selves. People like the family in new york, the family of oregon, ill also speak to america mes foremost experts who follow the problems that the middle class face. Together well identify why the middle class is crucial to a thriving economy. Who is in the middle class. The pressures they face, and what it will take to keep the dream from slipping away from millions of americans. While 90 of americans aspire to be in the middle class, when you dig deeper only 44 of americans today say they belong to the middle class, and thats down from 2008 when the recession hit. While theres no accepted definition of what the middle class is, economists often define it by almost. So for the purposes of our conversation now,
The show so join our live conversation for the next half hour by using the hashtag agreal money on twitter. Im getting questions like this one, if the u. S. Hits the debt ceiling should 401k investors reallocate their investments what about roth and iras . Help. You are in luck, because the best three people to answer that question just got awarded nobel prizes in economics on monday. Their work independently and overtime is about how the price of assets move over time. It has been so influential that it has changed the way people invest their money. And im going to explain it without a bunch of nobel prize jargon starting in the 1960s, trying to figure out which ways stocks will move is a fools journey. Knowing what a stock did last week does little to help figure out what it will do next week. That means individual stock picks rarely beat the performance of the overall market at least in the shortterm. That gave birth to stock index funds, Financial Products many of us used to get ex
Good morning, and welcome to access america. I am stephanie sy. I am thomas drayton. Good to have you with us. We are two weeks into the government shutdown. The senate is scrambling to forge a compromise before the debt ceiling deadline expires just two days from now on thursday. Senate leaders say they are hopeful the deal will, in fact, come together. Mr. President , constructive, goodfaith negotiations continue between the republican leader and me. I am very optimistic we will reach an agreement thats reasonable in nature this week to reopen the government, pay the nations bills and begin longterm negotiations to put our country on sound footing. I share his optimism we will get a result that will be acceptable to both sides. Senate republicans are seeing a backlash from fellow Party Members in the house for working with democrats. They have been called the surrender caucus. We are not stick for not sticking with g. O. P. Demands. Some say president obamas healthcare law should hav