The Comeback: Defining the American Middle Class in Recession

The American middle class, long the backbone of this country and the envy of the rest of the world, is dispirited. It is feeling financially threatened and may be in danger of losing its sense of upward mobility, the mojo that underpins the U.S. economy and America's famously optimistic attitude. A new ABC News poll shows that while nearly 50 percent of Americans see themselves as middle class, four in 10 say they're struggling to hold on. The numbers give a sense of Americans feeling stalled....Full Story
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