The nation’s wealth recovers, but largely for those at the top
The nation’s aggregate wealth continues to show signs of recovery, but that wealth recovery has been concentrated on the wealthiest Americans. Meanwhile, the aggregate net worth for America’s economic middle is actually declining.
Generational equity and the ‘Next America’
A few critics have portrayed our report as an effort to foment a “generational war” over Social Security and Medicare. Let me respond.
Despite recovery, fewer Americans identify as middle class
Today about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%).