[lbo-talk] Fwd: Middle Class in Turmoil

[Doug Henwood]

CENTER FOR AMERICAN PROGRESS
America's middle class families are caught in an unprecedented  
crunch. Despite a growing economy, their incomes have remained  
stagnant. And because prices for big-ticket items such as housing and  
health care have gone through the roof, families have had to take on  
more debt to maintain their basic needs and, as a consequence, have  
been unable to save. Taken together, these trends have left families  
increasingly vulnerable to the impact of an economic crisis such as  
unemployment or a medical emergency.

For more information, please read Middle Class in Turmoil: Economic  
Risks Up Sharply for Most Families Since 2001 <=http:// 
www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=2106225>.

Thanks,

Winnie Stachelberg
Senior Vice President for External Affairs

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The Center for American Progress is a nonpartisan research and  
educational institute dedicated to promoting a strong, just and free  
America that ensures opportunity for all. We believe that Americans  
are bound together by a common commitment to these values and we  
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work to find progressive and pragmatic solutions to significant  
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foster a government that is "of the people, by the people, and for  
the people.