The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it

[Dave Farber <dave () farber net>]

Begin forwarded message:

> From: A Lukaszewski <alukaszewski () acm org>
> Date: July 24, 2010 1:22:23 PM EDT
> To: dave () farber net
> Subject: The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it

> Hello, Dave.
>
> I haven't seen this on IP and thought it might be of interest to the list.  It contains the best discussion I have 
> seen recently on the economic polarisation of America.
>
> http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-here%27s-the-stats-to-prove-it-520657.html
>
> Add to this that even the CIA recognizes that 1 in 8 people in the US live at or below the poverty line and only 
> 6.24% of the country makes $100k+ per year and the picture is bleak indeed.
>
> Best,
>
> Albert



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