Does the Fed Really Have Good News for the Middle Class?

Robert Samuelson says its does, using his column, "Good News for the Middle Class," to highlight the findings of the Fed's Report on the Economic Well-Being of U.S. Households in 2015. For Samuelson the big news is that 69percent of households said they were “living comfortably” or “doing okay,” up from 62 percent in 2013.

Okay, that one is clearly going in the right direction, although this is not terribly surprising given that we are two years further along in a recovery, which now has a re...