3 ms·

Middle class income has been flat since the 70s and discretionary income has decreased.

• refurb 12y ago
  Do you have a source? It's true that household income has been flat since the 1970's, but the nature of households has changed, there are a lot more single parents where there used to be two income earners. If you look at income on a per person basis, we're much higher (in inflation adjusted terms) than we were in the 1970s.
  • foobarqux 12y ago
    The reverse is true: there a more two income earners now but household income hasn't increased as much. Per person is flat. http://youtu.be/akVL7QY0S8A?t=9m2s http://youtu.be/akVL7QY0S8A?t=9m2s
    • seanflyon 12y ago
      > Per person is flat. Median income for fully employed males is flat.