ICYMI-->Scott Walker built this => Wisconsin Has Largest Middle-Class Decline Of Any State
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Scott Walker built this => Wisconsin Has Largest Middle-Class Decline Of Any State
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Wisconsin Has Seen Largest Middle-Class Decline Of Any State, Study Finds
Economist Says De-Unionization, Recession, Erosion Of Manufacturing Are Factors
By Scottie Lee Meyers
Thursday, April 2, 2015, 3:35pm
A new state-by-state analysis from the Pew Charitable Trusts shows that Wisconsin experienced the biggest decline in middle-class households in the country between the years 2000 and 2013.
The study found that the percentage of households in the middle class dropped in all 50 states, with Wisconsins drop from 54.6 percent to 48.9 percent being the most significant. Moreover, Wisconsin saw a 14 percent decline in median household income.
Marc Levine professor of history, economic development and urban studies, and director of the University of Wisconsin-Milwaukee Center for Economic Development attributed the states shrinking middle class to the Great Recession, among other factors. He said reversing the trend would require raising the minimum wage and restoring unions, especially in the manufacturing industry.
Wisconsins economy relies on manufacturing perhaps more than any other state, said Levine. When manufacturing gets hit hard, he said, Wisconsin gets hit hard too...................