The American middle class used to be living proof that the American dream was alive and well, providing homes and modest savings to anyone willing to work. It’s another story today. In this hour, the decline of the middle class. How rising levels of income inequality shattered middle class dreams. And, how to get them back.
If you think the American middle class has it bad, consider life in debt-ridden Italy or Greece. Best-selling financial writer Michael Lewis portrays the downfall of several European countries with his usual verve, in Boomerang: Travels in the New Third World.