
Russ and Peter discuss the evolving definitions and perceptions of the American middle class amidst claims of its decline.
Is the American middle-class is shrinking like the media tells us it is? Russ and Peter examine various data points and perspectives. Listen in and think about how middle class definitions have evolved over time, considering factors like income, wealth, and lifestyle expectations. While statistical data shows the middle class has shrunk in relative terms, they debated whether this reflects genuine economic decline or simply greater economic polarization with more people moving to higher or lower income brackets. How do you feel about middle-class America?
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