The middle is getting battered - despite what the ESRI says
Here we go again. The Economic and Social Research Institute, the country's leading think-tank, has denied the existence of the squeezed middle.
That is the group that has ended up with limited income, but whose members feel they are paying for everything. This group feels it has borne the brunt of the downturn.
But a working paper issued last week by the ESRI dispelled the notion that this group has suffered the most.