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Comment by charliea0

The largest contributor to the shrinking middle class has been more and more people are moving into the upper class.

You can look at Pew's survey here: https://www.pewresearch.org/social-trends/2015/12/09/1-the-h....

The upper-income tier grew from 14% -> 21% as the middle-income tier shrank from 61% to 50%. To be perfectly fair, the lower-income tier class did also increase from 25% to 29%. The story is complicated.

parent charliea0 1 year ago

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