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The vital middle: redeeming and defending middle-class values.(Progressivism & The Presidency)

American Prospect, The,  August, 2004  by Tyagi, Amelia Warren

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REMEMBER ALL THOSE SPEECHES YOU GAVE FILLED WITH statistics and stories about the middle-class squeeze? You spoke the truth. Wages really are stagnant, and we really are struggling to buy the basics. The core of a middle-class life--a home, health insurance, a good education for our children, the things our parents could take for granted--is rapidly moving out of reach. Debt, defaults, and foreclosures for a typical middle-class family have soared in the past four years. Every 15 seconds, one of our middle-class neighbors collapses into bankruptcy.

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