Quote:
Originally Posted by PaulMason
The middle class has been getting hammered for decades. Since the 70s the middle class has lost pensions, health benefits, wages haven't kept up with inflation and jobs have been sent overseas. What is called middle class now - was lower middle class in the 60s/70s
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The "middle class" as you want to remember it only lasted for a couple of decades. "Health benefits" were created by government wage controls during WWII.
Besides, as Rabbi points out, today's middle class family has 2+ cars and the average house is more than twice the size it was back then. By any reasonable standard, today's middle class family is rich compared to a 1950's middle class family.