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According to the US Census data, the percentage of households that are low income is smaller than ever. https://fee.org/articles/why-our-shrinking-middle-class

• knightofmars 7y ago
  No, according to Mark J. Perry and FEE the percentage of households that are low income is smaller than ever, not the US Census data. This article cherry picked $35,000 as the middle to lower class threshold for a reason. The Brookings Institute, "Our definition is a relative one, meaning that the thresholds pictured above will shift as the income distribution changes shape. If income rises across the distribution, so too will the thresholds that delimit middle-class incomes." Long-running non-biased standard measures of middle-class do not agree with this article's definition of where the middle-class starts and ends: https://www.pewsocialtrends.org/2015/12/09/the-american-middle-class-is-losing-ground/ https://www.pewsocialtrends.org/2015/12/09/the-american-midd... https://www.brookings.edu/who-are-the-middle-class/ https://www.brookings.edu/who-are-the-middle-class/