IS THE MIDDLE CLASS SLOWLY DISAPPEARING?

Perhaps it is reshaping itself. In 1967 about 8% of the families in America earned more than $100,000. Today about 25% of Americans earn more than $100,000. A large number of middle class Americans have moved up to the the middle class ceiling.  We own, on average, more, better things, many of them technology-related. We live in bigger houses and we drive better cars. We eat better and we drink water curated in bottles. Can one argue, just for conversation, that the Middle Class is actually better off than its ever been?


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