Why the Shrinking Middle Class Is Actually a Story of Mass Affluence

the staff of the Ridgewood blog

Ridgewood NJ, The common headline in economic news is that the American middle class is collapsing. On the surface, the numbers seem to support the panic: in 1971, 61% of Americans qualified as middle class, but by 2023, that number dropped to 51%.

Continue reading Is the Middle Class Really Shrinking? The Truth Behind America’s Wealth Explosion