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ConnGator's avatar

Your second point is clearly wrong. The middle class is shrinking, yes, but those people are moving up, not down, in income.

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Feral Finster's avatar

Certainly not in constant dollar terms.

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ConnGator's avatar

In the past 50 years the middle class median income has increased 50% in constant dollar terms.

https://www.weforum.org/agenda/2022/07/household-income-distribution-wealth-inequality-united-states/

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Feral Finster's avatar

I have a stack of charts, unfortunately not links that dispute this.

Or take a look at this:, and it's not so different on this side of the border:

https://nationalpost.com/opinion/secret-rcmp-report-warns-canadians-may-revolt-once-they-realize-how-broke-they-are

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