In the brave new world of Barack Obama, the media breathlessly report all of the economic data with a positive spin. On Friday, as the unemployment rate increased for the second straight month, the liberal media was telling us this was good news.

In this troubled economy, Americans are hurting, especially the middle class. A new Pew Research Center report indicated that the middle class is shrinking and becoming poorer.

Median household income and net worth are down sharply as 85% report that it is more difficult than a decade ago to maintain their standard of living. These statistics just confirm how tough of an economic climate America faces today.