The middle class, once a lasting symbol of the American dream, is suffering due to wage stagnation and a steep rise in the cost of living.
The assumptions and expectations that come with being middle class have shattered over the last 10 to 15 years."There is no help whatsoever," said Chantal Jacob, a middle-income parent from suburban Texas."There's no policy in place to assist people."
"It was at least a secure category," said Alissa Quart, author of 'Squeezed: Why Our Families Can't Afford America,' [but] there are certain kinds of assumptions around being a middle-class person" that have"shattered" over the past 10 to 15 years. "There is no help whatsoever," according to Chantal Jacob, a middle-income parent from suburban Texas."There's no policy in place to assist people. And I feel like as soon as you get a job, as soon as you're working, they're just like, 'That's all you need, a job. You got it, go forth and have at it.'"
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