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This isn't just about whether or not we're doing as well as our parents (in terms of our ability to pay for the things we want), but about how much we have to work to achieve that. For most young middle-class Americans, our parents were able to own a home, car, put us through school, etc. on a single income. Now to support the same quality of life most of need to have dual-incomes. Americans are working more than ever, taking less time off than ever, just to keep our jobs and pay the bills - we're running harder and harder just to stay in place. All this comes at a time when for the last 20 years we've been hearing about how much the economy is growing. It is growing - almost entirely for the richest of the rich. This last economic expansion benefited the wealthiest Americans exculsively. This should worry not just the middle classes, but the rich as well and their political allies (mostly in the Republican party) - if the middle class stops buying into the program, the game's over.

posted 5 years ago
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