The American public knows it’s downwardly mobile. What it doesn’t know is what it can do to arrest, much less reverse, that trend.
The public’s awareness of its plight was evident in the Allstate/National Journal poll released last Thursday. Half of the respondents – 49 percent – said that only the upper class could realistically expect to be able to pay for their children’s college education. Another 46 percent said that only the upper class could realistically anticipate having enough money to cope with a health emergency or job loss, while 45 percent said that only the upper class should expect to be able to save enough to retire comfortably. Fully 59 percent said they were concerned about falling out of their current economic class over the next few years.




In September, 2009 Atlantic Monthly named 
