The people who are filing for bankruptcy in increasing numbers every year, it’s not the poorest. It’s not the people at the economic fringes. It’s people who worked hard and played by the rules.
Getting straight with your money is as complicated as a trip to the grocery store: You need a comparison shop, add and subtract, stick with a plan, and ask questions- nothing more.
Now look, you built a factory and it turned into something terrific or a great idea, God Bless, keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and paid forward for the next kid who comes along.
Middle class America is acutely aware of how bad this economy is, and it is going to demand changes. I don’t think politicians can afford to be complacent.
I don’t want to overstate the gender difference. But women are more sensitized to the way that larger issues affect their pocketbooks, like pay equality or cost of living changes.
