We've known the middle class has been shrinking the last few decades but what the Census Bureau has discovered is that one in three Americans now lives in poverty or a notch or two above. New York Times: They drive cars, but seldom new ones. They earn paychecks, but not big ones. Many own homes. Most pay taxes. Half are married, and nearly half live in the suburbs. None are poor, but many describe themselves as barely scraping by. Down but not quite out, these Americans form a diverse group sometimes called "near poor" and sometimes simply overlooked - and a new count suggests they are far more numerous than previously understood. When the Census Bureau this month released a new measure of poverty, meant to better count disposable income, it began altering the portrait of national need. Perhaps the most startling differences between the old measure and the new involves data the government has not yet published, showing 51 million people with incomes less than 50 percent above the...(Read Full Post)