15 Shocking Facts Show That the Middle Class is Being Wiped Out | | AlterNet

15 Shocking Facts Show That the Middle Class is Being Wiped Out | | AlterNet

As wealth continues to leave the United States and as the U.S. gets even deeper into debt, more Americans are going to become poor.

September 22, 2010 |

Photo Credit: anarchosyn

The "America" that so many of us have taken for granted for so many decades is literally disintegrating right in front of our eyes. Most Americans are still operating under the delusion that the United States will always be "the wealthiest nation" in the world and that our economy will always produce large numbers of high paying jobs and that the U.S. will always have a very large middle class. But that is not what is happening. The very foundations of the U.S. economy have rotted away and we now find ourselves on the verge of an economic collapse.

http://www.alternet.org/story/148236/15_shocking_facts_show_that_the_middle_class_is_being_wiped_out?page=entire