10 ways the middle class is still getting squeezed

Despite an economic recovery that has lifted stocks to new highs, middle-income Americans are still feeling the pressure from all sides.

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949Comments
Jun 23, 2013 6:05PM
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Recovery? What or where is that? Are you shitting me? Rising gas prices, fuel costs, food costs, property taxes, federal and state taxes...zero income on banking accounts, stock market being monkey hammered along with Social Security ,pension plans, etc. I read that food stamp  enrollment is at a record high and more are enrolling in Supplemental Medicare Insurance and ever before. The middle class is being crushed. Who's paying the bill for this...eh? 'Recovery'  my ****! .I'm  from the 'show me' state..so .show me!!!!!!
Jun 19, 2013 7:32PM
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What Recovery???  Stock Market will drop as soon as Bernanke stops feeding it over 1 billion dollars every month. A false picture of economy is being sold to the middle class. who pay for the 50% of social programs food stamps, free phones and IRS 70 million in bonuses!!!

If  the " designed to deceive"  immigration bill is passed their paychecks and those of their childrens will be that of the 3rd world.

64% of hispanic citizens polled said illegals can be guest workers but should never be able to vote.

Jul 6, 2013 3:27AM
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ya were hurtin, just got my new insurance contracts at work and my premium for me my wife and kids went from $110 a week to $256 a week and the only explanation that the insurance people could give us was ''Obama care'' now I am a man who is the sole provider for my family and we get by on about 35k a year. it wasn't easy before but dam it we managed, now do the math on that its nearly half my annual income on just premiums for major medical, Obama might have just forced me and my family to for the first time in my life to ask for welfair. this is BS AND IT MAKES ME SICK!!!!!!!!!!!!
Jul 6, 2013 5:48AM
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Pesky middle class, home of the swing vote and a better educated and more politically aware set of voters, harder to con with divisive sound bytes or stupid simplistic partisan attack ads.

No wonder both parties have abandoned us, a well informed voter is the last thing they want.





Jul 6, 2013 3:31AM
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An economy where there is a huge disparity between rich and poor and with a very small middle class is not sustainable long term.  There will be a reckoning eventually.  The rich may be living it up right now, but eventually the bottom will drop out as without a middle class to buy their products their profits will dry up.  What the rich don't seem to realize is that it is in their interest to have a strong middle class but they don't seem to be able to see anything beyond the here and now being blinded by greed.  
Jun 19, 2013 7:27PM
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Economic recovery?????? Bullsh*t!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Moron...

Jun 22, 2013 12:25AM
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YOU got complaints?  Direct them to Obama & Co.  If you voted for him, then shut up.
Jul 1, 2013 3:28AM
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And it looks like EVERY ONE of the reasons cited in this article are the results OF GOVERNMENT POLICIES.
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How about the Gov insist that big corps WE have helped, start helping US Americans?

GM building in Mexico, Obama supporters. GE building in China, Obama supporters.

You'd think that the Pres would work a little deal to get these companys to build and hire in America since Americans bailed out GM. Americans have to pay taxes this year, GE does not

Jun 29, 2013 2:11PM
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Seeing that Food and energy are EXCLUDED by the Feds in inflation numbers , The Feds inflation numbers are not accurate or true . They have to keep the welfare mantra in QE3 alive on wall street !
Jun 22, 2013 6:27PM
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For the first time in World History, folks claim no recovery as Corporations show year over year record Profits and Cash Hoards. Folks also want to blame Government when it's the Corporations whom are outsourcing your jobs and or refusing to pay a living wage. There are many false pictures being sold to the middle-class, mostly by Big Corporations who win by keeping you stupid. The house always win, when workers give up their negotiating rights.
Jul 6, 2013 3:08AM
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Wake up.  This is what they wanted from the beginning, to make us slaves to the ultra wealthy.  Chip away at the middle class so now there will be poor and ultra wealthy.  We will be their peasants and they will be living it up on Dubai!!!!!!

 

Jun 19, 2013 7:21PM
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yup first its the poor getting hit now with the middle class the middle class should have been complaining long time ago before it got to this point !!! the only ones grinning and snickering are the rich
Jun 22, 2013 10:14AM
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The fed/fdic along with government support has systematically robbed every depositor trillions they would of made off the interest in their bank accounts. (311,000,000 people ,some with multiple accounts) These manipulated interest rates allowed the banks to pay off the bailouts out of the depositors accounts. Forced the investor into the markets to look for some type of return on their life's savings. Government has sponsored a Libor right here in the U.S.A. with the government and the stock market being the profiteers in this scheme. bank interest will not even keep up with the inflation. It's time to investigate and hold those accountable for this crime.
Robbing the investor of their hard earned dollars will not stimulate the economy. It's pretty easy for the treasury to supply that 85 billion into the market when they are robbing it from the taxpayers savings accounts.
Jul 6, 2013 3:12AM
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The part that no one seems to point out is that it's median HOUSEHOLD income. In the 70's there were fewer 2 income families. What this means is that there is even more than a 5% difference, or there is a 5% difference and we are working 50% more.
Jun 22, 2013 9:26PM
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What middle class? Americas middle class is now in China and other nations who export to the USA.

America is loosing more middle class jobs everyday as they are going to other countries.

Many americans are getting more free handouts every day,  This includes food stamps, unearned  income and a lot of other benefits.  Most of these people never worked in their life but are Obese.

This is all going to fuel the national debit.

This must stop now.

Jul 6, 2013 4:22AM
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Another dirty secret that neither the government or Wall Street want you to think about is that every time the stock market crashes, you get taxed on the recovery, but you don't get to write off the losses, so the government actually gains from your pain.

 

For many Americans, the old saying might be the only relief:  "If you want to be rich, desire less".

Jul 6, 2013 7:51AM
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In order for the American economy to "recover" we must:

 

1)  Remove LIFE TIME pay and benefits to politicians who don't deserve nor need it.

2)  Purge ourselves of people who come to this country illegally with their hands out expecting everything for free at tax-payer expense.

3)  Remove the anchor baby laws that give illegal immigrants an excuse to stay.

Jun 22, 2013 5:16PM
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Alex2... Bernanke infuses $85 Billion monthly into his member banks, who put it into the markets. They also make lousy credit and get him to buy it off them. Now that Japan will go after it's Central Bank and take it down, stocks, bonds, real estate, metals... all the bandwagons of grubbers will crash. What won't change is our indenture as former Middle Class, but doors will open and as they do, wealth will run and try to hide. The question remains... where do you go once you've screwed the whole world? If you have a skill set or two, you will be fine, if all you know are paper and button pushing... you won't.
Jul 6, 2013 8:09AM
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After reading all the comments, it's clear that we have some pretty smart people here in the USA. Our gov't is the entire problem with everything that is wrong. Our gov't has grown too elite & that was not supposed to happen. The gov't serves themselves. They do not do what the people want. They overturn the votes by the people. Wrong! If  the laws they pass are so great why do they excuse themselves from them all? Personally I won't be happy until they take a reduction in pay & are on Medicare & Social Security like the rest of us working stiffs. What about all the money our Gov't sends overseas? Our money. Since Obama -  racial tensions are worse, the amt. of countries that hate us has increased, we continually meddle in other countries affairs & our cost of living has risen. Who really cares about bringing democracy to the middle east? Only our gov't. Those folks don't understand the concept & do not want it. They've been killing each other for centuries & nothing is going to change that. Meanwhile how much money is being spent there? All while our roads & bridges are crumbling, the poor keep gaining in ranks, the middle class is struggling, hospitals are closing & now health care costs a fortune. I say stop this meddling & use our money here at home where it's needed. Create jobs. Amen.
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