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The Erosion of America's Middle Class

By Implode-Explode Heavy Industries

``Only in recent months, as the economy has grown but jobs have not returned, as profits have returned but poverty figures have risen by the week, the country seems to have recognized that it is struggling with a deep-seated, structural crisis that has been building for years. As the Washington Post writes, the financial crisis was merely the final turning -- for the worse.''

Full post as published by Mortgage Lender Implode-o-Meter on August 21, 2010 (boomark / email).