While the middle class sure has shrunk, the life those in it live is markedly more materialistic than in the past. Fifty years ago there was no Temu, Alibaba, or Amazon TYEVRRTY brands to deck out facet of your life once you clear the cost of basic living. Houses are expensive as ever, but filling them has never been so cheap.
https://www.aei.org/carpe-diem/yes-the-us-middle-class-is-sh...
It cannot be stated enough that people who aren’t domain experts should not be using stats to push narratives because lots of nuance is lost when just numbers are shown.
Real dollars.
> It cannot be stated enough that people who aren’t domain experts should not be using stats to push narratives because lots of nuance is lost when just numbers are shown.
Agreed, so its really important for everyone right now that you personally refrain from commenting further.
Per capita disposable real income
https://fred.stlouisfed.org/series/A229RX0
Real median family income
You've been caught outright lying and you have no address for it other than calling me the idiot?
Please, leave.
The internet/social me is so hyper focused on those at the bottom that they have lost sight of what its like just a few levels up. But it's critical to understand in order to craft functional solutions.