Read time: 1 minute

The Lost Decade Of The Middle Class

Say goodbye to the middle class, or at least, that’s what a majority of Americans believe. The U.S. middle class is shrinking, and more Americans don’t believe they will achieve that way of life, according to a study released on

Say goodbye to the middle class, or at least, that’s what a majority of Americans believe. The U.S. middle class is shrinking, and more Americans don’t believe they will achieve that way of life, according to a study released on Wednesday by the Pew Research Center. Only 51 percent of all adults are considered middle class, down from 61 percent in 1971, but the study did find that part of the shrinkage came from more people joining the upper classes, which now represent 20 percent of the nation, up from 14 percent in 1971. But those aren't all of the gains: the lower-income group rose to 29 percent of all adults, up from 25 percent in 1971.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team