the-sharp-sudden-decline-of-americas-middle-class-20120622?print=true

the-sharp-sudden-decline-of-americas-middle-class-20120622?print=true

7/11/2013

link

http://www.rollingstone.com/culture/news/the-sharp-sudden-decline-of-americas-middle-class-20120622?print=true

summary

This article from Rolling Stone focuses on the sharp decline of America's middle class. It discusses the widening wealth gap and how it has led to a shrinking middle class, with more people falling into either the wealthy or the poor category. The article highlights various factors contributing to this decline, including stagnating wages, rising costs of education and healthcare, and the outsourcing of jobs. It also explores the consequences of a shrinking middle class, such as reduced social mobility and political instability. Overall, the article paints a concerning picture of the state of America's middle class and raises important questions about income inequality and economic policies.

tags

economy ꞏ middle class ꞏ wealth inequality ꞏ social class ꞏ economic decline ꞏ income inequality ꞏ social mobility ꞏ economic inequality ꞏ american society ꞏ economic crisis ꞏ american dream ꞏ socioeconomic status ꞏ poverty ꞏ working class ꞏ financial stability ꞏ economic hardship ꞏ job market ꞏ wage stagnation ꞏ social stratification ꞏ economic policies ꞏ social inequality ꞏ economic disparity ꞏ economic recession ꞏ economic recovery ꞏ economic statistics ꞏ economic trends ꞏ economic analysis ꞏ economic factors ꞏ economic collapse ꞏ economic challenges ꞏ economic opportunities