The New York Times - APRIL 22, 2014
The American middle class, long the most affluent in the world, has lost that distinction.
While
the wealthiest Americans are outpacing many of their global peers, a
New York Times analysis shows that across the lower- and middle-income
tiers, citizens of other advanced countries have received considerably
larger raises over the last three decades.
After-tax
middle-class incomes in Canada — substantially behind in 2000 — now
appear to be higher than in the United States. The poor in much of
Europe earn more than poor Americans.
The numbers, based on surveys conducted over the past 35 years, offer some of the most detailed publicly available comparisons
for different income groups in different countries over time. They
suggest that most American families are paying a steep price for high
and rising income inequality.
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