In America, everyone is middle class. And if everyone is middle class, no one is middle class. There is, in fact, no universal definition, so it’s as much defined by education and cultural background ...

ChatGPT started with the basics. In 1971, about 61% of American adults lived in middle-income households. By 2021, that number had dropped to 50%. That’s a massive shift in just 50 years. But the ...

“The middle class is shrinking” might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...