Momservation: The Mything Middle Class

The middle-class IS shrinking, but only because more people are growing their incomes, in actual dollars AND adjusted for inflation.

"True, fewer people today live in households with incomes between $30,000 and $100,000 (a reasonable definition of “middle class”) than in 1979. But the number of people in households that bring in more than $100,000 also rose from 12 percent to 24 percent. There was no increase in the percentage of people in households making less than $30,000. So the entire “decline” of the middle class came from people moving UP the income ladder."

You can make up your own mind about a matter, but you can't make up your own facts.