The Middle Class is Getting Squeezed

CONservative Spin:

“In the long run, our economy is going to be fine. Right now we're dealing with a difficult situation.”
 Source

"President Bush Discusses Economy ," The White House, March 17, 2008.

Terrance Heath's picture

CAF STAFF

PROgressive Response:

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Most middle class Americans aren't doing "fine" in this economy. Household incomes are stuck in 1999, while American families pay 2008's prices for the basic necessities. As a result, more of them are going deeper into debt. That's why more than 79% say that it's more difficult to maintain their standard of living now than just five years ago. That's because the economy isn't working for them, and they know it. A majority, 58% say the Republican Party favors the rich. For middle class Americans, it's not a question of whether the economy is working. It's a question of who it's working for, and why it's not working for them.

 Source

"Inside the Middle Class: Bad Times Hit the Good Life, " The Pew Research Center, April 10, 2008.