A startling new study proves that America’s Middle Class has been utterly, completely wiped out — these are the people all politicians are always talking to, in theory.
What happened?
Apparently, wages have been declining for thirty or forty years and pensions have vanished and the one asset 90% of middle class people owned is no longer worth anything. (That asset is “their house,” and many have also lost the actual house, in addition to its supposed value before the crash.)
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