FYI: How are you doing? On a treadmill to nowhere? Bailing as fast as you can, but still sinking?
How we answer such questions depends a lot on what we see around us and how things are measured. If we judge by any number of media reports, the American middle class is endangered and suffering.
A new study, however, suggests something different. It shows that the big growth is in people who are “upper middle class” and “rich.” Those who are “middle class,” “lower middle class,” and “poor or near poor,” are actually shrinking as a percentage of the population. More people are moving up than moving down, not more people moving down than up.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/the-almost-half-full-glass
