As Poverty Spreads, 28 Percent of Americans Fall Out of Middle-Class

Middle-Class Death Watch

David DeGraw, Amped Status: 'The promise of the American dream has given many hope that they themselves could one day rise up the economic ladder. But according to a study released those already in financially-stable circumstances should fear falling down a few rungs too. The study? found that nearly a third of Americans who were part of the middle-class as teenagers in the 1970s have fallen out of it as adults? its findings suggest the relative ease with which people in the U.S. can end up in low-income, low-opportunity lifestyles - even if they started out with a number of advantages.'

http://www.truth-out.org/middle-class-death-watch-poverty-spreads-28-americans-fall-out-middle-class/1316275699



Less Work, More Living

Juliet Schor, YES! Magazine: 'Millions of Americans have lost control over the basic rhythm of their daily lives. They work too much, eat too quickly, socialize too little, drive and sit in traffic for too many hours, don t get enough sleep, and feel harried too much of the time. It?s a way of life that undermines basic sources of wealth and well-being - such as strong family and community ties, a deep sense of meaning, and physical health.... But fewer work hours for people with jobs is a key step toward solving the unemployment crisis - while giving Americans healthier lives.'

http://www.truth-out.org/less-work-more-living/1316277775

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A rough 10 years for the middle class

It s official. The first decade of the 21st century will go down in the history books as a step back for the American middle class.

http://money.cnn.com/2011/09/21/news/economy/middle_class_income/index.htm


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=the+American+dream
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=middle+class
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=poverty
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=David+DeGraw
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Juliet+Schor

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