Today, Senator John Kerry announced new after-school and child care tax credit initiatives. His speech is part of a renewed focus on easing the "middle class squeeze." Yesterday, Senator Edward Kennedy and Representative Rosa DeLauro introduced a bill guaranteeing employees paid time off for their own or a family member's illness.
The emphasis on families and the pressures on them is exactly right. American families are experiencing a "family budget shock" as a result of three reinforcing trends: stagnating incomes, increasing… more