A lot of it is probably just the fact that most households are dual income. You can probably live the same level of life as in the 1950s, but without trips to M

A lot of it is probably just the fact that most households are dual income. You can probably live the same level of life as in the 1950s, but without trips to Mexico, two cars, twice as much house as before, etc, we wouldn't consider that middle class anymore. The standard of middle class consumption has soared.