America’s Middle Class Crisis: The Sobering Facts - Yahoo! Finance: "Two recessions, a couple of market crashes, and stubbornly high unemployment are all wreaking havoc on America's middle class.
In the accompanying interview, The Daily Ticker's Aaron Task discusses the state of the middle class with Sherle Schwenninger, director of economic growth and American strategy programs at the New America Foundation. Schwenninger's recent report 'The American Middle Class Under Stress' has some stunning facts that highlight the struggles the average American is having getting a decent-paying job and keeping up with rising cost of living.
Here are just some of the sobering facts:"
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