Media Coverage
Washington Post: Five Myths About the Middle Class
- Economic Mobility Project
- Source: Washington Post
- August 3, 2012
Both President Obama and Mitt Romney say they’ll support it. Many Americans say they’re in it. And virtually everyone says something must be done to help it. It’s the American middle class, and it’s the biggest talking point of the 2012 election—and one of the most misunderstood.
1. Today’s middle-class Americans are worse off than their parents.
The standard of living for Americans in the broad middle of the income ladder — households with incomes higher than the bottom 20 percent and lower than the top 20 percent — hasn’t stagnated or worsened in the past generation. It has improved.
Read more at washingtonpost.com.
- Projects:
- Economic Mobility Project