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AP: More See Middle Class Status Slipping Away

From a suddenly concerned Associated Press:

More Americans see middle class status slipping

By CHRISTOPHER S. RUGABER | April 2, 2014

WASHINGTON (AP) — A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.

In reality, the Democrat Party is diametrically opposed to all of those things: "self-sufficient people," "stable jobs," and "working towards prosperity." So this is not an accident.

But, after all, the Democrat Party is not the party of the middle class. It is the party of the rich and the poor. Because only the rich and the poor can afford socialism.

Yet nearly five years after the Great Recession ended, more people are coming to the painful realization that they’re no longer part of it. They are former professionals now stocking shelves at grocery stores, retirees struggling with rising costs and people working part-time jobs but desperate for full-time pay.

Don’t worry, implementing Obama-Care, and granting amnesty, and extending federal unemployment benefits, and raising the minimum wage will fix all that.

Such setbacks have emerged in economic statistics for several years. Now they’re affecting how Americans think of themselves.

Since 2008, the number of people who call themselves middle class has fallen by nearly a fifth, according to a survey in January by the Pew Research Center, from 53 percent to 44 percent. Forty percent now identify as either lower-middle or lower class compared with just 25 percent in February 2008.

According to Gallup, the percentage of Americans who say they’re middle or upper-middle class fell 8 points between 2008 and 2012, to 55 percent.

And the most recent General Social Survey, conducted by NORC at the University of Chicago, found that the vast proportion of Americans who call themselves middle or working class, though still high at 88 percent, is the lowest in the survey’s 40-year history. It’s fallen 4 percentage points since the recession began in 2007.

And all of this just happened out of the blue. It has nothing to do with Obama or Democrat policies. In fact, Obama and the Democrats are never mentioned once in this entire article.

The trend reflects a widening gap between the richest Americans and everyone else, one that’s emerged gradually over decades and accelerated with the Great Recession. The difference between the income earned by the wealthiest 5 percent of Americans and by a median-income household has risen 24 percent in 30 years, according to the Census Bureau…

In fact, according to the New York Times, the so-called income inequality gap has increased four times faster under Obama than under Bush. Why is that?

A slowly improving U.S. economy could lift some people back into the middle class.

Ya think? So why are we having the worst recovery in the history of our nation?

Still, the recession and slow recovery have left permanent scars…

And yet Obama was re-elected.

This article was posted by Steve Gilbert on Thursday, April 3rd, 2014. Comments are currently closed.

One Response to “AP: More See Middle Class Status Slipping Away”

  1. dasher

    Indeed he was re-elected. Mr. Rugaber is giving his “prosperity is right around the corner” pitch regarding the unemployment numbers a rest this week. I see the numbers went up 16k.

    But prosperity is right around the corner….

    D.




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