Sorry, Everyone: The American Middle Class Is Winning
According to research by Stephen Rose at the Urban Institute, in 1979 38 percent of families in the United States were in the middle class compared to only 32 percent in 2014. Despite the endless political chatter about stagnant wages, Rose adjusted thresholds for inflation going back to 1979 and found that those moving into the middle class were earning more, and earning it through contemporary middle-class vocations.
