If you live in America, and not under a rock, you probably heard that the Fed announced earlier this week that U.S. wealth fell nearly 40 percent from 2007 through 2010.
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UPDATE: The numbers that form the basis for the story below are "erroneous." Bloomberg News reports that on Monday, Nov. 1, 2010, the Social Security ...
Because of the strong overlap between American values and middle class values, being middle class is often assumed to be the socio-economic state of nature by American. The history of the American middle class, however, is quite different.
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