New Census Bureau numbers show the middle class in the US dwindled in 2018…but that’s a GOOD thing! Here’s some great news that even the NY Times and WaPo had to report on!
LINKS REFERRED TO IN VIDEO:
House Ways and Means (Minority) on the dwindling middle class
US poverty level reaches lowest since 2001
NY Times article on disability hires increasing
WaPo article on increase in hires of persons of color and women
Mark Perry Tweet
Maybe the most important finding from today's Census Bureau report on Income. Yes, the middle class is disappearing but it's because they're moving up to higher income groups. The share of US households making $100K (2018 $$) has more than tripled since 1967, from 9% to 30.4%. pic.twitter.com/1ZS9IzNmzo
— Mark J. Perry (@Mark_J_Perry) September 10, 2019
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