“What?!” The basackward economics of President Obama.

Thursday, August 23, 2012

The great American Middle Class is shrinking? Are we each, individually getting smaller? No, although there are some days lately when it feels like it. We’re losing income and wealth. While the precise definition of “Middle Class” is a bit fuzzy, what is clear is that this protracted recession is hurting everyone, some more than others, but everyone. And the effects for many of us are serious and long-lasting, the kind that take years, maybe even a generation or more, to reverse.

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