Word: class
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Dates: during 1980-1989
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WHAT is certain is that the "middle class"--the broad spectrum of Americans for whom culture, outlook and life-opportunities are similar--is being bifurcated. The "two-tiered society" does not just describe two income brackets, but two ways of life and two ways of looking at life in America. ever-present evidence of homelessness...
...this the place to settle the argument about whether the country is actually becoming more polarized along economic lines. Democrats worry that the "middle class," as defined in terms of income, is shrinking. Republicans say that if it is, it's because so many people are getting rich. These debates could continue forever without any certain conclusion...
...classic. Feldstein's point was not that he likes unemployment but that it was neccessary to throw a few hundred thousand more economically marginal Americans into the face of poverty in order to provide for the financial security of tenured professors and the rest of the bond-holding class...
Admittedly, if you ask people to identify the "class" to which they belong, the professional making $70,000 and the secretary making $12,000 will say the same thing--"the middle class...
...Even though they didn't press that much, we were able to score a lot of fastbreak points," said B.C. forward Doug Able, the Eagles' only upper-class starter...