JOEL KOTKIN: R.I.P., NYC’s Middle Class: Why Families Are Being Pushed Away From The City.

As the cost of living has skyrocketed while pay has stagnated except for those at the very top, New York has shifted from a place people go to make it to a place for those who already have it made, or whose families have.

And once here, the rich are indeed getting richer even as the rest of the city is barely holding on.

So, kinda like the rest of Obama’s America, then.