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Politics : Mainstream Politics and Economics
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Brumar89
i-node
To: i-node who wrote (46305)6/22/2013 7:14:46 PM
From: TimF2 Recommendations  Read Replies (1) of 85487
 
Also, at least before the recession, the decline of the middle class was both

1 - Greatly exaggerated by almost anyone who talks about it

2 - As much or more from middle class people moving up, then from moving down.

3 - To the extent there was moving down it was often moving down relative to standards that moved up. Many people struggle to meet what they view as a middle class lifestyle today, but a middle class lifestyle today is a higher standard of living than what was considered a middle class lifestyle in say the 50s or 60s.
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