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The Middle Class Falls Back

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  • Christian Weller

Abstract

Is the typical middle-class family doing better today than they were twenty-five years ago? The answer is no, according to new measures of economic wellbeing. The combination of stagnant incomes and staggering cost increases for important middle-class items--housing, health care, education, and transportation--have left families with less money to save and spend than just a few years ago, and working longer to achieve the same results as in 1980.

Suggested Citation

  • Christian Weller, 2006. "The Middle Class Falls Back," Challenge, Taylor & Francis Journals, vol. 49(1), pages 16-43.
  • Handle: RePEc:mes:challe:v:49:y:2006:i:1:p:16-43
    DOI: 10.2753/CHA0577-5132490102
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