Compelling, But False Tale of Middle-Class Decline
The American middle class is fighting for its life -- or at least that's what Lou Dobbs would have you believe. The CNN anchor's rants about "the war on the middle class" are probably the most prominent examples of such economic doom-saying, but he isn't alone. Democratic presidential candidates pepper their debates with references to the assault; leading liberal thinkers argue that supply-side conservatives captured the Republican Party during the Reagan administration and implemented policies that continue to privilege the super rich today. They tell a compelling tale of middle-class decline. Pity it isn't true.
Read more of the article "5 Myths About the Poor Middle Class" in the Washington Post
2 Comments:
Check out http://www.lcurve.org/
and make up your own mind about the decimated middle class. The U.S. is now equal with Mexico in terms of the income gap.
The writer is living in an alternate universe. Everything he wrote is a distortion of reality through the conservative free-market lens. Look where that philosphy got us....9% unemployment and rising. Anyone who doesn't believe that the middle class is dissapearing in the U.S. is living in a dream world.
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