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Huffington: Middle Class in Peril
ResumeArianna Huffington warns the middle class is being abandoned and America is in danger of becoming a third world country. Also, read her remarks on Pres. Obama.
All countries have rich and poor. What Third World countries don’t have is a strong middle class. Neither, right now, does the United States, says progressive dynamo Arianna Huffington.
Huffington started conservative, swung the other way, and now she says it’s time for all bells ringing out danger on the health of this country.
The American middle class is under assault, she says. Assault so severe in economic times so perilous that the mighty United States risks going Third World.
-Tom Ashbrook
Guest:
Arianna Huffington, co-founder and editor-in-chief of the Huffington Post, which last month had more than 24 million unique visitors. She's author of the new book "Third World America: How Our Politicians Are Abadoning the Middle Class and Betraying the American Dream." You can read her HuffPo column about the book.
This program aired on September 13, 2010.