Trend Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I'd never fully recovered from the financial collapse or not has been true regardless of who has been in the white house. middle-class is declining. that trend doesn't seem to be slowing down. the question is, what will replace our middle-class? joel kotkin just wrote a fascinating piece for the "orange county register." he predicts that america is headed for a regime of oligarchical socialism or superrich business leaders like mark zuckerberg buy off the masses with programs like a guaranteed minimum income. jharel cotton joins us tonight. joel, that was a fascinating piece, a dystopian peace...

It never fully recovered from the financial collapse and that has been true regardless of who has been in the white house. middle-class is declining.ia that trend doesn't seem to be slowing down. the question is, what will replace our middle-class? joel kotkin just wrote a fascinating piece for the "orange county register."ha he predicts that america is headed for a regime of oligarchical socialism where superrich business leaders like mark zuckerberg buy off the masses with programs like a guaranteed minimum income. joel kotkin joins us tonight. joel, that was a fascinating piece, a dystopian...

Congressional level don't add up to something much bigger quite yet but fall may be different but as we move on and get these results, i mean, i've never known of any year that has broken this way where the trend doesn't continue throughout the fall. that would be like saying the nor'easter is going to go up the coast and suddenly stop at the rhode island border and not hit boston. is there -- can you think of any year where we've had these trends on all levels where that wasn't the outcome in the fall? >> well, where this becomes, i think, particularly worrisome for republicans and maybe enco...

Right? as for the quarter of americans who are expected to pay it down aren't prepared for the added expense. the national retail federation as well. we are becoming more financially responsible which is a good thing getting our financial selfs in order. >> it is bad for the economy but it is good people are trying to save or dig out of debt. that leads us to the next story which is people aren't doing enough to saving or digging out of debt. >> when the cost of living is going up but your paycheck is not it is easy to skimp on the fund. only 55 percent of americans have more in those emergenc...

In the numbers, white house is good reason to be worried. if you look at the last two presidents that have lost reelection bids, george h.w. bush and jimmy carter, both of those in their reelection years, the unemployment rate ticked up between march and june of their reelection years. that is why this next report is so critical for president obama and the white house. that portends to the uptick of the unemployment rate but psychologically has a major impact. if that trend doesn't turn around, that says a lot because every president has won the election has the opposite trend. >> heather: we ...