Pew: Middle Class Is Screwed (VIDEO)

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"A recent Pew study confirms that America's middle class has recently experienced a "lost decade." Since 2000, the Pew says, "the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith in the future." Pew cites statistics showing that middle class earnings and net worth have plummeted since the mid-2000s and that about 85% of the middle class say it is harder to maintain their standard of living than it was 10 years ago.

The reason the decline of the middle class is important is not just about fairness. It's about the health of the economy as a whole. Collectively, the middle class rep...".

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