"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify ...
America's middle class is not just feeling squeezed, it is objectively shrinking and losing ground in the national economy.
ChatGPT started with the basics. In 1971, about 61% of American adults lived in middle-income households. By 2021, that number had dropped to 50%. That’s a massive shift in just 50 years. But the ...
The ghost in America? The middle class. The American economy is divided into three economic classes. The indigent, the middle class and the rich. The dividing line between indigent and middle class is ...
That said, the shifts in middle-class household income requirements have not been the same in every state. In some states, the household income range of the middle class hasn’t increased quite as much ...
Data now shows that comfortable amenities like gym memberships and rooftop solar panels are no longer as commonplace in the ...
In society, the gap between socioeconomic classes shapes the way we perceive everyday comforts and necessities. What the middle class considers ordinary for their lifestyle can be vastly different ...