3 ms·
> The share of total U.S. household income held by the middle class has fallen almost without fail in each decade since 1971 This (it's point 2 in TFA) feels l
by eszed 2y ago
> The share of total U.S. household income held by the middle class has fallen almost without fail in each decade since 1971
This (it's point 2 in TFA) feels like the biggest deal to me. Middle vs High wage share went from 62 vs 28 percent to 43 vs 48 percent. When middle income voters have the greater share of resources policies will be crafted with their benefit in mind; when they don't, they won't.
This is a self-sustaining cycle, and the balance now seems definitively tipped against the middle class.