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The guy doesn't define what he regards as middle class numerically. What is middle class in the US ? How about looking at : https://www.statista.com/statisti
by sien 5y ago
The guy doesn't define what he regards as middle class numerically.
What is middle class in the US ?
How about looking at :
https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/ https://www.statista.com/statistics/203183/percentage-distri...
How about saying any household with less income than 35K is not middle class. Also any household with more than 150K income is high income.
That still leaves more than half the US population. The US middle class isn't dying. Also note that ~20% of households are high income, and they are doing OK as well.
Of course the US could do better.
But saying the Middle Class is dying is not correct.