From ITS OUR ECONOMY.US:
Pew researched the chances of falling out of the middle class. The study which examined the risk up to 2007 — before the economic collapse — had some startling findings:
– Nearly a third of Americans who were part of the middle class as teenagers in the 1970s have fallen out of it as adults
– Middle-class blacks stood a 37 percent chance of falling out of the middle class (Hispanic differences were not statistically significant); Race was a factor among men, not women…
Click here to read the full article.
EDITOR: According to K. Z, “The scary thing about this already scary survey is that the data was gathered up till 2007, before the economic collapse. These numbers will be much worse when more recent years are looked at.”
