WASHINGTON - Squeezed by rising living costs, a record number of Americans — nearly 1in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income.Well, for at least the last 3+ years.
The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.
Thursday, December 15, 2011
Let's redistribute the wealth so we can all be poor.
Posted by traderrob at 7:37 AM