Here’s another grim report on what’s happening to the middle class in the U.S. — sliding beneath the waves.
From the New York Post:
She’s $16,000 in debt to credit card companies. One of her local grocers, who once let her buy food on a running tab, now has a bill collector after her. She has her résumé up online, but when headhunters call and ask her age, “suddenly they never call me back,” she says. “I’m depressed. None of my friends are able to find jobs. I am living day-to-day.”
Anne’s biggest fear is that her daughter finds out how dire the situation is.
“She’ll say to me, ‘Are we poor?’ And I keep lying,” Anne says. “I think it’s a very traumatic thing for a child. I don’t want her to feel like she’s the only one, or a victim.”
When the recession does ease up, Anne fears that she will emerge as a permanent member of the lower class.
“The world kind of betrayed us,” she says. “The salary I was making — I don’t think I’ll ever make it again.”
- Middle Class Being Sold Out (economicnoise.com)
- Can the Middle Class Survive This Economy? (chicagonow.com)
- For the Unemployed Over 50, Fears of Never Working Again (nytimes.com)