finance

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

hmmmm. where is this data from? how are they defining "middle class"?
middle and lower incomes have done well since covid

here's a more complete story.

income inequality is in fact up over the last 35 years, but only marginally

Daimo Pay. Build once, distribute everywhere

I think they are saying income versus expenses. Because sure incomes may have risen but expenses have too. Incomes have not caught up to expenses.  Which can give credence to the persons claim above.