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Posts tagged as “middle”

Middle class death spiral: Consumers have never been in more debt, and bankruptcies are surging

Middle class death spiral: Consumers have never been in more debt, and bankruptcies are surging This wasn’t supposed to happen. During the relative economic stability of the past few years, the middle class was supposed to experience a resurgence, but instead it has just continued to be hollowed out. The cost of living has risen much faster than wages have, and as a result hard working families all over America are being stretched financially like never before. Even though most…

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