The middle class is shrinking. It sounds dire, doesn’t it? It sounds like the sky is falling down, like the foundation of the nation is crumbling and on its way to total collapse, swallowing up all the debt-riddled students and blue collar workers along with it.
We’re talking full-on catastrophic natural disaster movie scene here: the ground will crack open—there’s probably a river of hot magma down there—and every coverall wearing, book-toting, making-ends-meet citizen of the country is inexplicably thrust into the chasm.… [Read more]