By Carol Morello, Wednesday, September 12, 1:30 PM Census: Middle class shrinks to an all-time low The middle class lost ground again last year, falling to an all-time low in their share of how much income they take in, new census data released Wednesday showed. Despite an official recovery now entering its fourth year, the census said median household income declined by 1.5 percent, to $50,054. âThis is a huge drop,â said Tim Smeeding, director of the Institute for Research on Poverty at the University of Wisconsin in Madison. âItâs the working class. Their pay rate has gone down, the number of hours that everyone in the house works has gone down, their homes have lost value. These are the people really ravaged by the recession.â http://www.washingtonpost.com/busin...04632c-fc29-11e1-8adc-499661afe377_story.html Well done Ohhhhh-Bama.