One problem is that the idea of what a middle class family is has so radically changed over the years. People struggled to keep up with the Joneses while their wages stagnated. That led to a credit overextension, which led to some of the current housing-related woes.I will refer you to this previous post from the weekend.
Dispatches from Chicago's south side.
Monday, March 30, 2009
The middle class, tax hikes and the GOP
Round up over at the Capitol Fax. I'm pulling this quote:
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