Posted at Hartmann Report on Aug. 4, 2026
It’s Worse Than You Think for the Middle Class
Since Nixon, Republicans have shifted wealth from working Americans to the morbidly rich. Dems should repeat that simple affordability message everywhere, every day, without apology or hesitation…
“Figures don’t lie, but liars can figure.” — Abraham Lincoln
A July 2026 CNN/SSRS poll found that 71 percent of Americans believe Trump and his regime have not gone far enough to lower the price of everyday goods, leaving the middle class screwed.
A Trump-voting caller to my show yesterday, along these same lines, tried to mansplain to me that things really aren’t that bad, and that the numbers I’ve been using to describe the economic destruction by Reaganism are exaggerated.
For years I’ve been documenting the destruction of the American middle class at the hands of the GOP and neoliberal politicians (including some corporate Democrats).
I wrote about it extensively and did a deep dive into the problem and its causes in my books Screwed: The Undeclared War Against the Middle Class, The Hidden History of the American Dream: The Demise of the Middle Class, The Hidden History of Neoliberalism: How Reaganism Gutted America, and, just last month, Who Killed the American Dream?
As a result of FDR’s New Deal and LBJ’s Great Society “socialist” programs, about two-thirds of American families were in the middle class with a single paycheck by 1973 as reported by The New York Times; today that number could be as low as a third of us, depending on your definitions.
And that’s where things get confusing, with statistics flying fast and furious (although everybody agrees Reaganomics has whacked working people), raising the question: What actually constitutes the middle class?
