Economy | Data show positive gains in U.S. income over time
by Charissa Koh
Posted 8/07/19, 04:16 pm
Contrary to claims by those on the far left, including Democratic presidential candidates Bernie Sanders and Elizabeth Warren, America’s shrinking middle class is nothing to complain about. A recent analysis by Mark Perry at the American Enterprise Institute shows more people are moving up in income, and wealth, not poverty, is diminishing the size of the middle class.