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The article you linked shows that more people moved to the upper bracket than the lower (5% vs 4%). In relative terms the earnings growth was even more dramati
by throwaway76543 8y ago
The article you linked shows that more people moved to the upper bracket than the lower (5% vs 4%).
In relative terms the earnings growth was even more dramatic -- the upper class grew 27% larger whereas the lower class only grew by 14%.
There are more people moving up than down.
- Isamu 8y agoAbsolutely. The news isn’t all bad, and I think most reporting has focused on the decline of the middle, instead of the growth of the bottom.