Chart Of The Day

Andrew Sullivan —  Aug 23 2012 @ 11:22am


Eyder Peralta points to a new Pew study that finds the middle class "poorer, earning less and shrinking." For example:

[I]n 1970, the middle class held 62 percent of the income in the country. The upper income held 29 percent. Those numbers have now flipped: The middle class is at 45 percent and the upper income class is at 46 percent.