Sunday, December 05, 2004

What Happened to the Middle Class?

"The recent spate of sales figures and job numbers underscore an emerging picture for the economy: the gap between the haves and the have-nots is widening amid a draining of the middle-income ranks.

'The longer-term pattern is that the rich are getting richer,' said Standard & Poor's Chief Economist David Wyss. 'It's not so much that the poor are getting poorer, but there's a hollowing out of the middle class.'"

Gosh, aren't they 99.9% of the 53 million who voted for Bush? (The other 0.1% are rich)