New Census Data Show that the Middle Class Is Not Recovering Fast Enough
The new data released today by the U.S. Census Bureau show that America’s middle class is still struggling to fully recover from the Great Recession and more than four decades of unequal growth. Typical household incomes remain far below 1990s highs and, in fact, are close to the level they were in 1989. Meanwhile, middle-class families struggle to keep up with the rising costs of key components of the middle-class lifestyle.