Stagnant or falling income puts squeeze on American middle class, economists show
New paper suggests that Americans have had serious economic problems for much longer than thought
Washington
AMERICA is getting richer every year. The American worker is not. Far from it: On average, workers born in 1942 earned as much or more over their careers than workers born in any year since, according to new research - and workers on the job today shouldn't expect to catch up with their predecessors in their remaining years of employment.
Stagnant or falling earnings have put a squeeze on working- and middle-class households.
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