Middle class blues

Eric Lotke's picture

CAF STAFF

Fewer Americans now than at any time in the past half century believe they're moving forward in life.

A majority of respondents in an April 2008 Pew Survey say that in the past five years, they either "haven't moved forward in life" (25%) or have "fallen backwards" (31%). This is the most downbeat short-term assessment of personal progress in nearly half a century of polling by the Pew Research Center and the Gallup organization, though it correlates perfectly with gaps in income, also discussed in the report.

Source
Pew Research Center, "Inside the Middle Class: Bad Times Hit the Good Life." April 9, 2008