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| Adhanet Kidane, 30, a single mother in Tampa, Fla., earns minimum wage at two fast-food restaurants. Edward Linsmier for The New York Times |
The New York Times:
The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century.
In the late 1960s, more than half of the households in the United States were squarely in the middle, earning, in today’s dollars, $35,000 to $100,000 a year. Few people noticed or cared as the size of that group began to fall, because the shift was primarily caused by more Americans climbing the economic ladder into upper-income brackets.
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