-
Economists have been warning for months that the shock of higher taxes across the board, including on the middle class, along with a sudden drop in government-related spending will push the economy into a slowdown, if not a recession.
FORBES: Serious Investors Will Ignore the Fiscal Cliff
-
Such a drop would have exposed even middle class families to the estate tax.
FORBES: More Estate Tax Changes Could Follow Fiscal Cliff Deal
-
To Stillman perhaps, and presumably millions of other Americans who chose to be responsible during the recessionary rush to housing earlier in the new millennium, the political class has implicitly told them to drop dead.
FORBES: The Political Class to Prudent Americans: Drop Dead
-
Due to a drop in demand caused by economic uncertainty, the report predicts economy class airfare in North America, Europe, the Middle East and Africa should increase by less than 5% in 2012.
BBC: Price predictions for 2012 travel
-
Poverty rates have also dropped dramatically and 40 million people are said to have joined a burgeoning new middle class that is still flocking to shopping centres around the country, despite a moderate drop in consumption levels.
BBC: Brazil economy loses ground again
-
The graduating class of 2012 posted an average score of 496 in reading, a one-point drop from 2011 and a 34-point decline since 1972, the first year the College Board began tracking the scores of "college-bound" seniors.
WSJ: SAT Scores Fall as More Students Take Exam
-
Alright folks, you can put down your pitchforks, drop that class action lawsuit and kill all 20 online petitions you started to try and get Apple to fix the MacBook random shutdown fiasco that has been haunting the Mac faithful these past months.
ENGADGET: MacBook SMC firmware update 1.1 to end random shutdown?