Downward Mobility: The Recession’s Terrible Legacy?
By
The Editors
|
September 7th, 2010
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Category:
Economic Justice
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By Lee A. Daniels
The Great Recession still gripping the American economy has produced alarming numbers in such volume and for so long that new ones have lost their power to shock.
But among the fateful questions those numbers provoke are these: Is the American middle class as a whole caught in a spiral of downward mobility? And are the black and Latino middle classes caught in spirals of even greater virulence.
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