The American Middle Class Is Losing Ground
After more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.
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As Congress considers a major new trade pact with Asia, there is broad public agreement that international free trade agreements are good for the United States. But fewer Americans express positive views of the impact of trade deals on their personal finances.
While the least financially secure Americans are more likely to back Democrats, that support is undercut by low political participation. Those who are financially insecure are far more likely to opt out of the political system altogether.