Monday, January 26, 2015

Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

http://www.nytimes.com/2015/01/26/business/economy/middle-class-shrinks-further-as-more-fall-out-instead-of-climbing-up.html?_r=0

Article notices huge shrink of the middle class started with the beginning of a new millennium. Comparing to the statistics in 1960's most of the population belonged  to the middle class. Situation has been drastically changed. The middle class has been going lower and lower making the clear distinction and bigger gap between the lower and high classes. Middle class's struggle has been notices by President Obama who emphasized that on the State of the Union Speech, especially with his suggestions connected with college paying.

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