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by crossbody
12 days ago
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"seems" as based on vibes? Beware of nostalgia bias! It is true that middle class has been shrinking. What is often overlooked though ks that the majority of that middle class moved on to the upper class, so not bad at all and aligns with "growing pie" |
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> majority of that middle class moved on to the upper class
Is this true in the US in inflation adjusted terms ? Can say that it is certainly reversed direction in my country.