6/28/2008

Say "Squeeze"!!!


"When we read about the middle class squeeze, we tend to think blue collar -- the machinist who used to make $25 an hour now making $15, the vocationally trained worker whose job just got cut. But what about the social worker who makes $30,000 a year, the environmental scientist who makes $40,000, the college professor who makes $50,000? The rules of the game have changed. The educated professional middle class experience no longer guarantees two cars in every driveway, or even the driveway itself. Instead we face relatively low-paying jobs in fields requiring a high-cost education, increasing mortgages, student-loan and credit card debt, less employer or government help with health care, retirement, education and child care, and an overall higher cost of living. As the gap between the rich and the middle class widens, a huge segment of that once-comfortable center section is finding that reality means plummeting financial and emotional security and lack of control over our lives."

Nan Mooney
author of (Not) Keeping Up With Our Parents



No comments: