Will the Middle Class Become a Thing of the Past in the United States?

Owatonna, MN Correspondent-Much hand wringing has been done over the fact that the middle class in America seems to be shrinking. The richest one percent widens its income gap over the rest of us. A few lucky or hard-working or entrepreneurial souls claw their way toward the top from poverty or the depths of the middle class. But most people who grew up in middle-class homes in the 80s, 90s, and 00s seem to be struggling with wage stagnation, excessive student debt, housing prices that put a serious strain on incomes, and a diminishing number of higher-paying jobs blamed more or less equally on automation and global competition.

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