Reply #12: The Middle Class is sliding into poverty.

[Ready4Change]

Many of them (us) don't recognize how vaste the slide is. They think it's just them as an individual, not as a whole class. That's why as many of them voted for Bush as they did. After all, all the media talks about is how GOOD the economy is becoming.

Meanwhile, unemployment rates are only staying up because people are accepting jobs at far lower wages, because they've been underemployed for so long now that they can't afford to NOT take lower wages. That's why businesses and stocks are so upbeat. Corporate profits are high, at the expense of their employees.

And those employees, feeling the pinch in their individual pocketbooks, are cutting back on their holiday spending.

That's why sales are so bad.