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The Middle Class Squeeze

President Bush took office with the nation prospering under excellent economic conditions: the budget was in surplus, jobs were being created at record levels, and the inflation and unemployment rates were low.
Over the last six years, however, these economic fundamentals have eroded, with the deficit rising, job growth slowing, and inflation now reaching its highest levels in fifteen years.

This report analyzes the impact of these economic trends on middle-class families. Since President Bush took office in January 2001, real incomes have fallen, while the costs of health insurance, gasoline and home heating, and attending college have soared, creating a middle-class economic squeeze.

Click here to read the report \xc2\xbb