U. S. Middle class prospering more than commonly believed, study finds
Monday, April 23, 2012 - 18:10
in Psychology & Sociology
Long portrayed as stagnant in economic terms, the income growth of the U.S. middle class may be much greater than suggested by economists like Thomas Piketty and Emmanuel Saez, according to a new study which finds median income of the U.S. middle class rose by as much as 37 percent from 1979-2007.