Is the Middle Class Better Off Than We Think?

It seems to be taken as given these days that the American middle class is struggling â?? perhaps even disappearing â?? as income gains are concentrated at the high end of the wealth distribution, and the kind of well-paid blue collar jobs that existed for several generations continue to disappear.

However, in a hearing on improving the situation of the American middle class on Thursday, Sen. Orrin Hatch (R-UT) made the counterintuitive argument that the lot of the middle class worker has actually improved much more than most liberals are willing to admit.

t seems to be taken as given these days that the American middle class is struggling â?? perhaps even disappearing â?? as income gains are concentrated at the high end of the wealth distribution, and the kind of well-paid blue collar jobs that existed for several generations continue to disappear.

However, in a hearing on improving the situation of the American middle class on Thursday, Sen. Orrin Hatch (R-UT) made the counterintuitive argument that the lot of the middle class worker has actually improved much more than most liberals are willing to admit.

- See more at: http://www.thefiscaltimes.com/Articles/2014/03/13/Middle-Class-Better-We-Think#sthash.yNHVqLv7.dpuf
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