Middle Class Worse Off Than Thought

[sounderella]

Making a good living, but still feeling strapped - May. 28, 2008

[poundwise]

Apparently, CNN has opened a new division. Otherwise, I'm not sure how they could churn out all these whining and moaning articles.



"High fuel and food costs, coupled with miniscule raises and shrinking home values, led more people to report that their personal finances have worsened than at any time since 1982..."

Let's not consider: typical credit card and loan debt, the oft reported lack of savings, purchasing vehicles and homes beyond reasonable means, obtaining no money down, adjustable mortgages, i.e. - lack of equity, etc., etc.

[MonkeyMama]

Originally Posted by poundwise

Okay, I just laughed out loud at that smiley. Teehee!