MIAMI (CBSMiami) – After more than a decade of tax cuts, trickle-down economics, runaway government spending, wars, and ballooning deficits and debts, the middle class is poorer and has a lower income than they did in the 1990’s according to a new Pew survey.
According to the Pew Research Center for Social and Demographic Trends, median household income dropped from $72,956 to $69,487 a year while the median household’s net work dropped 28 percent to $93,150.
