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If you look at inflation adjusted after tax income, it looks more like income is stagnant for the bottom 50%, not 90%. There are some great graphs in this New Y
by NoPiece 11y ago
If you look at inflation adjusted after tax income, it looks more like income is stagnant for the bottom 50%, not 90%. There are some great graphs in this New York Times article about the stagnation of the US middle class.
http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?&abt=0002&abg=1 http://www.nytimes.com/2014/04/23/upshot/the-american-middle...