5 Trends That Are Destroying The Middle Class In America

5 Trends That Are Destroying The Middle Class In America

June 6, 2017 by Michael Snyder

The middle class in America has been shrinking for decades, and our leaders seem powerless to do anything about it. Two years ago, the middle class became a minority in this country for the first time ever. In other words, the middle class now accounts for less than 50 percent of the population. But back in the early 1970s, the middle class made up more than 60 percent of the population. I have often compared being in the middle class to playing a really bizarre game of musical chairs. When the music stops playing each month, more chairs are being pulled out of the middle class, and most of us are just hoping that we will still have a chair for the next go around. (Read More…)

http://endoftheamericandream.com/archives/5-trends-that-are-destroying-the-middle-class-in-america

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