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But in the medium term, that Goldilocks scenario broke down — the middle class consumption bubble, and the Wall Street bubble it helped finance, popped with devastating consequences.
"We can't rebuild America by tearing down the middle class?" The advertisement cites the Tax Policy Center as concluding that a middle class family would pay an average of $2,000 more to help pay for a $250,000 tax cut for some of the wealthiest Americans.
The same people who were out to destroy working families and tear down the middle class before November 6th are even more determined now.
A Better Illinois is a coalition representing a diverse group of state residents and small business owners who are fed up with Illinois' fiscal problems and its "out-of-date" tax code that, they say, bogs down the middle class and hinders economic growth.
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In response, President Obama said that he, too, wanted to bring rates down for the middle class.
The problem now isn't the level of growth but how little of it is filtering down to the middle class.
[The Trump campaign says cutting] taxes for the most well off will lead to dynamic growth that will trickle down to the middle class.
The Mets could be that rare club never to go up or down, anchoring the middle class from wire to wire.
Like Ronald Reagan, President Bush began his term in office with big tax cuts for the rich and promises that the benefits would trickle down to the middle class.
"If house price declines stay confined to the high end, that may not have serious negative consequences, but if they start filtering down to the middle class, that's likely to take a big toll".
"My plan wasn't built on cross-your-fingers economics that says we can give more to the people who already have the most and then just hope the benefits trickle down to the middle class," Mr. Gore said, again contrasting himself with the Reagan-Bush era.
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