Grinding The American Middle Class To Dust

Grinding The American Middle Class To Dust Authored by MN Gordon via EconomicPrism.com, The housing market, for much of the 20th century, was the bedrock of the American Dream. Home ownership, and the financial stability it represents, was a sure path to middle-class prosperity. That dream turned to a nightmare for many American families during the epic real estate bubble and subsequent bust in 2008-09. What’s more, in the near two decades that followed, federal monetary policie...

By Tyler Durden