[AuntB]

And on top of it, everyone in that age group seems to have a student loan to pay off.

More and more facts are coming out just how the middle class is taking a hit, for various reasons.

[altura]

I don’t believe that story for a minute.

All the 30 somethings I know live in McMansions, eat out almost all the time, own myriads of all the latest gadgets, think a 5 year old car is an antique and so on.

I think that’s great, but it’s certainly not how I lived when I was in my thirties.

That whole thing is a bunch of BS.

[calcowgirl]

Sawhill said several factors could explain the divergence: a growing share of income going to the highest-paid workers, or to profits; an increased share of labor compensation going toward benefits such as health care; or a decline in the number of wage earners, or hours worked, in the typical family.

Gee... how could the WSJ have missed this one? - Businesses supplementing work force with a neverending flow of cheap labor in the form of illegal immigrants, driving competitive wage rates down.

[org.whodat]

And on top of it, everyone in that age group seems to have a student loan to pay off.

This is about people who do not go to college. Illegals have driven down the wages of skilled labor.

[janetgreen]

The prices of homes and everything else is so high in California that it takes two people to support a family and to be able to pay the high rent or mortgage and property taxes.

Add to that the fact that many Californians have lost thier jobs to illegal aliens, especially in the construction industry and service industries.

The rich are getting richer, the poor are getting the freebies, and the middle class is being screwed again.