>A third part is many people are opting for one income, since many couples can now live on one income."
I beg to differ, its quite the opposite actually. More people are in debt compared to past. Not sure if that's what you mean by 'climbing up'
Re:Say Hello to Full Employment
by ChrisLomont on Sunday July 08, 2018 @09:55PM
(#17487443)
Here's two sources showing more people are climbing up from middle class rather than down [1,2]. There are plenty more you can find with a Google search.
[1] http://www.aei.org/publication/yes-the-us-middle-class-is-sh...
[2] https://www.washingtonpost.com/opinions/is-the-middle-class-...
> More people moving from the middle class did so by moving up rather than down.
[Citation Needed]
Re:Say Hello to Full Employment
by ChrisLomont on Sunday July 08, 2018 @09:49PM
(#17487423)
Here's two [1,2]. There are plenty more you can find with a Google search.
[1] http://www.aei.org/publication/yes-the-us-middle-class-is-sh...
[2] https://www.washingtonpost.com/opinions/is-the-middle-class-...
Another part is people staying in college longer (or going back to college) to get more education which is needed for a modern workforce, and the result of that is more lifetime earnings, not less.
A third part is many people are opting for one income, since many couples can now live on one income. More people moving from the middle class did so by moving up rather than down.