A Third of Americans Now Say They Are in the Lower Classes
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center.
The Lost Decade of the Middle Class
As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some – but by no means all – of its characteristic faith in the future.
European Unity on the Rocks
What started out as a European debt crisis has now become a full-blown crisis of public confidence in the European economy, membership in the European Union, the euro and the free market system.
Once Again, The Future Ain’t What It Used to Be
Barely a third of today’s adults expect today’s children to grow up better off than people are now.