http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?_r=0
This article is about how the United States middle class is earning much less than they have in the past couple decades. What we had seen as a steady rise since 1980, the average income of workers has been decreasing since 2010 in the middle class. Researchers at a LIS, a group that produces the Luxembourg Income Study Database has confirmed this and it could spell trouble for american workers. In other countries such as Canada, they are still seeing a steady increase which is causing there economies median income to be much closer to ours. What is even more worrying is the median income of the lower class compared to those in other developed countries, which are very low. These numbers could spell trouble for many Americans.
I think this is an example of the rebound of the market. When our economy was at its peak we had more money throughout every class. When the economy crashed and many people in the middle class lost their jobs the wealth of the middle class deteriorated and now with the economy on the rebound we are seeing the middle class start to get back on the rise but not as quickly as hoped
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