Big Take

The US Middle Class Is Doing Fine. Why Are They So Worried?

Oct 27, 2022

29:38

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Highlights

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Episode notes

Is the American Middle Class Still Relevant?

02:39

Home Ownership Is the Cornerstone of the Middle Class

01:59

What's the Average Wealth of the American Middle Class?

02:37

Introduction

2min

Is Being Comfortably Middle Class Still Comfortable?

3min

The Wealth Component of the Middle Class

2min

What's the Average Wealth of the American Middle Class?

3min

Is There a Butt in Here Somewhere?

2min

The American Dream Is a Pandemic, Right?

3min

The Metaverse Will Be Virtual, but the Impact Will Be Real

2min

Home Ownership Is the Cornerstone of the Middle Class

2min

Are We Going to Have a Recession?

2min

10.

The Metaverse Is Virtual, but the Impact Will Be Real

2min

11.

The Future of the Middle Class

3min

12.

The Path to the Middle Class

2min

13.

Is the American Middle Class Still Relevant?

3min

14.

The Big Tech Podcast - This Is Digital

2min

Hello and welcome to The Big Take Podcast!

Today: The good news, and not so good news, about the US middle class. With inflation rising, the stock market ping-ponging and housing prices softening, that broad swath of Americans who form the backbone of the US economy are getting hit on all sides. Bloomberg reporters Shawn Donnan, Alex Tanzi, Claire Ballentine and Airielle Lowe teamed up to take a look at how middle-income Americans are doing. The answer: Not so badly, actually–at least on paper.

Even so, they’re worried about what’s next for them. And they have good reason to be.

Shawn sits down with Wes to share the results from their exclusive polling and what these precarious economic times mean for the fortunes of working Americans.

Learn more about this story here: https://bloom.bg/3faCxwM

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

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Big Take

The US Middle Class Is Doing Fine. Why Are They So Worried?

Is the American Middle Class Still Relevant?

Home Ownership Is the Cornerstone of the Middle Class

What's the Average Wealth of the American Middle Class?

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