Tami Luhby, CNNMoney.com
Submitted by: Editor
One Third of Middle Class Losing Ground
[CNN] Being middle class in the parents' generation meant a household income of roughly $33,000 to $64,000 in 1979. But their children had to earn between $54,000 and $111,000 to maintain their relative standing in society in the mid-2000s. (These figures are adjusted for inflation.)
The recession has made matters even more difficult due to scarcity of jobs and an ever-expanding unemployed work force.
How's your American dream shaping up?