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Is with the middle class laid bare, with a more precarious position than we realized in the early 2000s. Theye lost a lot of what had. Middleclass Home Ownership was down after the recension recession. Business ownership was down. Middleclass incomes fell not just in the recession, but in the recovery. It only stabilized in the last couple of years since then. They maybe going up again, finally. Be going up again, finally. When we think about the frustrations they are feeling now, it is not just because the recovery and recession were bad. Things were pretty bad before that. A pretty terrible economic decade for most americans and we did not realize that as much because they were spending money they did not have and now they have to pay it back and stop borrowing until we see a situation where it debt frustrations are boiling over. Host were talking about american middle class, the numbers are on the bottom of the screen. You can ....
Transcripts For CSPAN2 U 20110523 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.