04.09.2008
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 | Super Moderator | | Join Date: Sep 2007 Location: Michigan
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| Economy, debt weighing on middle class
Economy, debt weighing on middle class 4/9/08 Quote: WASHINGTON - Growing numbers of middle-class Americans say they aren't better off than they were five years ago, reflecting economic pressures amid growing debt, a study released Wednesday shows. Their short-term assessment of personal progress, according to the study, is the worst it's been in nearly half a century.
The survey by the Pew Research Center, a Washington-based research organization, paints a mixed picture for the 53 percent of adults in the country who define themselves as "middle class," with household incomes ranging from below $40,000 to more than $100,000.
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