America’s Middle Class Is No Longer the Majority

America’s middle class, long a pillar of the U.S. economy and foundation of the American dream, has shrunk to the point where it no longer constitutes the majority of the adult population, according to the findings of a report from the Pew Research Center. After more than four decades of serving as the nation’s economic majority, the American middle class is now matched in number by those in the economic tiers above and below it.
​
Source: Wall Street Journal