one dime of tax relief to more than 100 million middle-class families. If I am President, I will cut taxes for 95% of all working families and provide an immediate $50 billion to struggling states so that they don’t have to cut back on health care and education and can rebuild roads and schools. That’s the change working families need right now.”
Separately, the Campaign for America’s future reported that its misery index hit the worst level since May 1991.
The misery index is a gauge of economic well-being widely used by economists for decades. It represents the sum of the unemployment and inflation rates. “Honest people who work hard for a living are struggling to make ends meet,” said Robert Borosage, co-director of the Campaign for America’s Future. “The misery is felt at the gas pump and the grocery store and it’s getting worse, not better.”
Deborah Creighton Skinner is the editorial director for BlackEnterprise.com.