“From the end of World War II until 1973, we saw an expanding middle class, with people’s incomes going up. Since that point, and especially since the Wall Street–driven financial crisis, you’ve seen a real collapse. Since 1999 median family income has gone down $5,000. Real unemployment, counting people who have given up looking for work or who are working part-time when they want to work full-time, is more than 14 percent.”
These are comments made by Senator Bernie Sanders (I – VT) in an interview with Playboy. Read more about him. He speaks the truth, in a manner unlike others in Washington.
The full interview by Jonathan Tasini appears in a Playboy interview.
There is also a short issue paper written by Ray Castro of New Jersey Policy Perspective last month that complements what Senator Sanders says in his interview. The NJPP article is titled Three Years Into Recovery, Most New Jerseyans Still Left Behind. The middle class and the working poor are both in danger, in New Jersey and throughout the United States. Read this article and then ask our elected officials their plans for restoring the middle class.