Are You Part of the Disappearing Middle Class?

January 11, 2012

If part of the American dream is that your children will do better than you did in life, this country is headed in the wrong direction. Nearly one third of Americans who were raised in the middle class dropped down the economic ladder as adults — and that’s before the Great Recession hit.  Click here to learn more and see a report by CNN.

The Pew Economic Mobility Project looked at children born in the early- to mid-1960s and assessed their economic status roughly 40 years later.  Nearly one in two Americans is now.  Click here to read more about America’s new poor.