Decline of the Middle Class

Throughout the past century, the middle class has emerged as a vital part of the North American psyche. Even today, many people classify themselves as a part of the middle class, regardless of their actual income level. However, this perception is incorrect. In the past 20 years, the middle class has been declining, primarily as a result of past political interventions and job polarization throughout North America. The subject of middle class is very controversial, and …

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