A sad depiction of how our middle class has been steadily losing ground to corporate dominance. This new economy is strangling the very people responsible for the success of many businesses who, along with government’s help, are creating this new economy.

The days of job security are over. Beginning when companies began turning their ‘full-benefit’ employees into contractors to save the expense of providing those benefits.

The middle class is about to be beat down even further when the drive to reduce the deficit and debt takes center stage. Reduction of Social Security, Medicare and other entitlements will be seen as the answer to rising costs and the middle class will be the biggest losers, again.

Ms Cocco advises us to “Fight the myths. Break the back of the corrupt campaign finance and lobbying systems. These are hard political tasks. But being pushed further down is harder, still. Because no one knows where the new bottom lies.”

Advice we would all do well to heed.