You need to read the article entitled, “ the shrinking middle class”, in the January 2019 Fortune Magazine. it is a long article. it is divided into a series of sub-articles. However, you can obtain a disturbing summary in the lead article , pages 52 to 55. Here is the link:
If nothing else, there is a telling chart you should view entitled “Growth In Prices Compared with Earnings, 1990 – 2018″.
Very worrisome at the least and evidence of how badly out of balance the country is.
Have a cure?
***** S&E *****