Archive for August 12th, 2019

Is the middle class vanishing up or down?

August 12, 2019

Analyzing Census Bureau data, economist Mark Perry concludes:

The “middle-class is disappearing” as we hear all the time, but it’s because middle-income households in the US are gradually moving up to higher-income groups, and not down into lower-income groups.

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That conclusion is way different than we’ve been hearing from Dem Presidential candidates … and the mainstream media.

So, let’s dig a little deeper…

(more…)