The middle class is teetering on the brink of collapse just as surely as AIG was in the fall of 2009 – only this time, it’s not just one giant insurance company (and its banking counterparties) facing disaster, it’s tens of millions of hardworking Americans who played by the rules.

Meaning of the quote

The middle class is in serious trouble, just like the big insurance company AIG was in 2009. But this time, it's not just one company - it's millions of hardworking American families who are struggling, even though they followed the rules. The middle class is on the edge of collapsing and facing a disaster that could affect a huge number of people.

About Arianna Huffington

Arianna Huffington is a Greek-American author, businesswoman, and co-founder of The Huffington Post. She has been named one of the world’s most influential people and has authored 15 books, two of which have been dogged by plagiarism allegations. Huffington has also been involved in various business ventures and political campaigns.

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