Middle-class squeeze
The middle-class squeeze refers to negative trends in the standard of living and other conditions of the middle class of the population. Increases in wages fail to keep up with inflation for middle-income earners, leading to a relative decline in real wages, while at the same time, the phenomenon fails to have a similar effect on the top wage earners. People belonging to the middle class find that inflation in consumer goods and the housing market prevent them from maintaining a middle-class lifestyle, undermining aspirations of upward mobility. In the United States, middle-class income is declining while many goods and services are increasing in price, such as education, housing, child care, and healthcare.
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Cost of livingCost of raising a childEndiesEvan Bayh 2008 presidential campaignIncome inequality in the United StatesJared BernsteinMidas Touch (book)Middle classMiddle class squeezeMotorway manReagan tax cutsReal wagesRetail apocalypseSocial classSocial class in the United StatesSqueezed middleSuperpower collapseThe Middle Class SqueezeWhy We Want You to Be RichWord of the yearWorkington man
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Middle-class squeeze
The middle-class squeeze refers to negative trends in the standard of living and other conditions of the middle class of the population. Increases in wages fail to keep up with inflation for middle-income earners, leading to a relative decline in real wages, while at the same time, the phenomenon fails to have a similar effect on the top wage earners. People belonging to the middle class find that inflation in consumer goods and the housing market prevent them from maintaining a middle-class lifestyle, undermining aspirations of upward mobility. In the United States, middle-class income is declining while many goods and services are increasing in price, such as education, housing, child care, and healthcare.
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The middle-class squeeze refer ...... lation, down from 61% in 1971.
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The middle-class squeeze refer ...... g, child care, and healthcare.
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Middle-class squeeze
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