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Originally Posted by Torvald Von Mansee
Haven't the earnings for the middle class dropped since 1975?
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If it has, I've been unable to find any objective source that states such a thing. Until very recently, the trend has almost always been upwards in every significant measure of economic development. Median household income is up by about $5,000 since '75, PPP per capita is up, taxable income is
way up. I could be wrong, and often am, but on the face of it I'd have to say...no.
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And those of the upper class gone up much, much more?
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Who cares? Everybody has more now.
http://www.google.com/publicdata?ds=...gdp+per+capita
We also have better products, services, and a better standard of living than we did in 1975. The only thing that's gotten markedly worse has been the government, in terms of finance at least.