Middle class living on the edge? - MSN Money

The middle class today is less prepared for an economic emergency, such as losing a job or visiting an emergency room, than at any time since the late 1970s, concludes a new study…

“Families are being forced to live beyond their means, just to pay for the basics, such as housing and health care,” said… a senior economist…. “They are not only spending their current income but all their future income.”