Over the last 50 years or so, the middle class has been on the decline
. Because of this, fewer people are identifying as middle class than they were 10 years ago. The middle class is shrinking. If you look at Pew Research data over the last five decades, the numbers are somewhat striking: Middle-income Americans represented about 61% of the country in 1971, while only 52% of American adults were classified as middle income in 2016.
. Because of this, fewer people are identifying as middle class than they were 10 years ago. The middle class is shrinking. If you look at Pew Research data over the last five decades, the numbers are somewhat striking: Middle-income Americans represented about 61% of the country in 1971, while only 52% of American adults were classified as middle income in 2016.
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