This report examines key changes in the economic status of the American middle class from 1970 to 2023 and its demographic attributes in 2022. The historical analysis is based on U.S. Census Bureau ...
Owning a home, having stable employment and a retirement plan … all of these are key elements of middle-class life. But for the majority of young Americans, these are goals that feel out of reach.
“The middle class is shrinking” might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...
Postwar American neighborhoods ran on an unwritten economy of traded skills and shared tools that helped ordinary families build lasting equity. Local hardware stores functioned as genuine community ...