Reflections on Americans’ Net Worth
- I’ve been an economics professor for almost 30 years, but I don’t think I’ve ever before seen anything like the table below.
- I knew that claims that “58% of Americans can’t afford a $1,000 car repair” were laughable clickbait.
- I knew that — measured by income — the middle class is disappearing… by becoming upper-middle class.
Unverified
- I’ve been an economics professor for almost 30 years, but I don’t think I’ve ever before seen anything like the table below.
- I knew that claims that “58% of Americans can’t afford a $1,000 car repair” were laughable clickbait.
- I knew that — measured by income — the middle class is disappearing… by becoming upper-middle class.
Sources: Betonit