That’s what happens when so many loose their jobs.
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Chicago’s middle class has shriveled under decades of Democratic mayors — and the same trend is accelerating nationwide while President Barack Obama is in the White House.
Since 2008, the percentage of Americans who describe themselves as middle class has lurched down from 53 percent to 44 percent, while the number of people who see themselves as lower class has rocketed up from 25 percent to 40 percent, according to a January report by the Pew Research Center.
The change in national attitudes has been particularly sharp among younger Americans, who have been hit hard by the recession. In March 2014, for example, the unemployment rate for 20- to 24-year-olds climbed from 11.9 percent to 12.2 percent.