The increasing unemployment percentage, college/university tuition fees, many homeowners being underwater are few of the many reasons which has squeezed the life of middle-class Americans. However, it’s a combination of three other factors, declining household income, shrinking net worth, and a smaller middle class which led the Pew Research Center to label the 2000s a “lost decade” for the middle class. According to Paul Taylor, coauthor of the report and [ Read More ]

