3 ms·
Inequalities are shrinking not because everyone is getting richer but because the middle class is being hollowed out. People who used to be middle income earner
by rorykoehler 11y ago
Inequalities are shrinking not because everyone is getting richer but because the middle class is being hollowed out. People who used to be middle income earners are now low income earners making them more in line with the working class who were always low income earners. #progress
- adventured 11y agoAt least in the US more people have moved up out of the middle class and into the upper tiers, than have moved down and out of it. That is true over 15, 30, 45 year spans. Progress indeed. The middle class is getting richer more than they're getting poorer. http://i.imgur.com/APbN9Th.png http://i.imgur.com/APbN9Th.png