MIDDLE CLASS FINANCES
The American middle class has always been in invigorated by the “American Dream,” which includes job security (or prospects); owning a home; adequate retirement savings; and mobility (an improved life for each generation). As we confront the economic crisis middle class finances are also “under assault.” The idea of the American Dream is central to our capitalist system and is what drives our middle class to great success. What happens to middle class finances if the dream dies?
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