by
You live in an apartment the size of a postage-stamp, with roommates, and your rent is more than a third of your income. You can't even imagine owning a car much less a home, and sending your kids to private school, who can afford to have kids anyway? Sound familiar? New York may be considered to be the greatest city in the world, but it's becoming increasingly difficult to live here. A 2006 study by the Brookings Institute found that New York City had the smallest proportion of middle-income families in the country - and that those numbers are on the decline.
But what, if anything can be done to support New York City's struggling middle class? The Drum Major Institute, a public policy think-tank, polled New York City's leaders to ask exactly that question. I spoke with Andrea Batista Schlessinger, the institute's executive director, about the concerns of New York City's middle class.
Back announce:
I've been speaking with Andrea Batista Schlessinger, Executive Director of the Drum Major Institute, about a public policy strategy to sustain and grow the middle class in New York City.