Saving Belief in America before It Sinks from Sight
Hovering Above Poverty, Grasping for Middle Class
By Michael A. Fletcher and Jon Cohen Washington Post Staff Writers Sunday, August 3, 2008; A01
Low-wage workers in the United States are gripped by increasing financial insecurity as they inch along an economic tightrope made riskier by pervasive job losses and rising prices. Many struggle to pay for life's basics -- housing, food and health care -- and most report having virtually no financial cushion should they stumble.
Still, they remain inspired by the American dream, with most saying they are more apt to move up economically than slip backward even if they are frustrated now. Most also expect better for their children.
Interesting, although it (like so much of life today) is based on polling rather than research. Apparently, those on the edge of American economic life are the last to leave the ship and head for the life-boats before traditiona…