NEWS FLASH

Middle Class Receiving Nearly Its Smallest Share Of National Income Ever | The Center for American Progress Action Fund’s David Madland, Karla Walter, and Nick Bunker note that Census data released this week shows that “the middle class received close to the smallest share of the nation’s income it ever has [in 2010] since this data was first collected.” Last year, “the middle 60 percent of all Americans garnered only 46 percent of the nation’s income, down from highs of around 53 percent in 1968.” They point to falling unionization as one of the culprits for this decline, as “the percentage of unionized workers tracks very closely with the share of the nation’s income going to the middle class.”