Washington Post: Five Myths About the Middle Class
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.
- Economic Mobility Project