Sunday, December 19, 2010

The Vanishing Middle

On December 12 we wrote about education levels being associated with life outcomes. Here is someone else writing about this same research, looking at it from another, more gloomy angle.

Her take on it is that the lower middle class is disappearing as their behaviors become more like those of the folks at the bottom of the ladder. See Hymowitz' article from the New York Daily News, a paper whose target audience is exactly that group which she sees declining.