So this is suggesting that basically all middle income earners will at least have one year or more at or above 100k salary. Seem really unlikely without some extraneous outside income unless I’m missing something…
So this is suggesting that basically all middle income earners will at least have one year or more at or above 100k salary. Seem really unlikely without some extraneous outside income unless I’m missing something…
So this is suggesting that basically all middle income earners will at least have one year or more at or above 100k salary. Seem really unlikely without some extraneous outside income unless I’m missing something…
Please note that this is across all the living population, and normalized to 2020s 100k.
If you consider that people that were blue collar workers had it pretty good before the Jack Welch's 80s, this looks a lot more plausible.
The US indeed used to have a pretty robust middle class.