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everyonematters

(4,264 posts) Sat Jul 5, 2025, 01:10 PM Jul 2025

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Does the United States have a problem with a declining middle class. (Original Post) everyonematters Jul 2025 OP

"...a declining middle class." J_William_Ryan Jul 2025 #1

(3,597 posts)

1. "...a declining middle class."

Sat Jul 5, 2025, 01:12 PM

Jul 2025

Reagan destroyed the middle class decades ago.

(12,412 posts)

2. Shrinking, maybe. But appears more of middle class has moved into upper class, rather than "lower" class.

Sat Jul 5, 2025, 01:17 PM

Jul 2025

That is not to say that lower class doesn't need help.

(37,287 posts)

3. This tells us very little - there are no income brackets and no way

Sat Dec 13, 2025, 05:35 PM

Dec 2025

to discern how much of the population is in each tier. What we can see from Federal Reserve data is that the top 1% holds 67% of the wealth in the country, while the bottom 50% holds 2.5% of total wealth. That shows us an extreme concentration of wealth at the very top of the income spectrum, no matter how you label folks. (using Q1 data from 2024, from the Fed Reserve)

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#:~:text=After%202019%2C%20marketable%2Dwealth%20data,%25%20in%202019:Q4).