Today I heard the economist and former Secretary of Labor Robert Reich on National Public Radio with a great commentary on the state of our national economy. Here's an excerpt:
According to new polls, the economy is the number 1 issue for American voters. But that's not just because the economy is slowing and mortgages are harder to come by. The real reason is middle-class families have exhausted the coping mechanisms they've used for over three decades to get by on median wages that are barely higher than they were in 1970, adjusted for inflation.
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