- 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.
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: