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What middle class? [View all]
Over 50% of Americans are in the bottom income quintile.
Conversely, over 50% of the nation’s wealth is held by just 4% of the population.
The middle class is at the smallest it’s been in generations.
The ability of our economy to sustain this income distribution is reaching a breaking point and there is no fix in sight as a smaller and smaller demographic takes more and more wealth from fewer and fewer pockets.
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