Thursday, April 10, 2008

Bush Screwed up American Middle Class

There is a new pew poll that came out yesterday. Here are a few ways Mr Bush screwed Middle Class Americans:
  • Fewer Americans now than at any time in the past half century believe they're moving forward in life.
  • For decades, middle-income Americans had been making absolute progress while enduring relative decline. But since 1999, they have not made economic gains.
  • For the past two decades middle-income Americans have been spending more and borrowing more. Housing has been the key driver of both trends.
  • Most middle class adults agree with the old saw that the Republican Party favors the rich while the Democratic Party favors the middle class and the poor.