The Downward Mobility of the American Middle Class, and Why Mitt Romney Doesn’t Know

The Downward Mobility of the American Middle Class, and Why Mitt Romney Doesn’t Know

robertreich.org — Mitt Romney says he’s not concerned about the very poor because they have safety nets to protect them. He says he’s concerned about the middle class. Romney doesn’t seem to realize how much of the middle class is becoming poor. But Romney doesn’t like safety nets to begin with. He and other Republicans point to government data showing that direct payments to individuals have shot up by almost $600 billion since 2009,  a 32 percent increase. And 49 percent of Americans now live in homes where at least one person is collecting a federal benefit such as food stamps or unemployment insurance, up from 44 percent in 2008. But Romney and other Republicans have cause and effect backwards. The reason for the rise in benefits is Americans got clobbered in 2008 and many are still sinking. They and their families need whatever help they can get.

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