Middle Class Squeeze

Monday, April 21, 2008 | 05:30 PM

You may have missed this info graphic in the WSJ over the weekend.

click thru for full interactive graphic
Middle_class_squeeze



Source:
Are You Better Off Now Than Eight Years Ago?
Kelly Evans
Real Time Economics,  April 19, 2008, 12:31 am
http://tinyurl.com/3zm6xf

Monday, April 21, 2008 | 05:30 PM | Permalink | Comments (23) | TrackBack (0)
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Comments

Under "Taxes and Costs", note that the effective Federal Tax Rate has fallen while "Personal Saving as a Percentage of Disposable Personal Income" has evaporated. Maybe the problem is us! Do we as a society try to own too many material things, as if they are what makes life happy? Do we expect the government so solve all of our problems, as if we have no responsibility?

Posted by: John | Apr 21, 2008 2:47:18 PM

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