76% of American Middle-class Households Not Financially Secure
As the economy continues to reel, a new report finds that 4 million American households lost economic security between 2000 and 2006, and that a majority of America's middle class households are either borderline or at high risk of falling out of the middle class altogether. The new report, "From Middle to Shaky Ground: The Economic Decline of America's Middle Class, 2000-2006" was published by the policy center Demos and the Institute for Assets and Social Policy (IASP) at Brandeis University.
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