Middle Class Shrinking? Data Divides Experts
Cleveland News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Middle Class in America: A Tale of Two Perspectives - Experts debate the shrinking middle class, with Pew Research showing a decrease from 61% in 1971 to 51% in 2023, while American Enterprise Institute highlights an increase in upper-middle class. Middle-class incomes have grown, but so have costs for essentials, leaving younger generations with a 50/50 shot at out-earning parents. Ohios middle class has long struggled, and as midterms approach, national trends may mirror Ohios path of slow growth and growing inequality.
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