New Obama Accomplishment: Middle Class No Longer Majority

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Despite years of claiming economic improvement, the Obama Administration is overseeing yet another trend that indicates the growing poverty and division of America.

According to a newly released Pew Research study, for the first time in 40 years, the middle class is no longer a majority in this country.

The study found that slightly less than 50 percent of households were in the middle class, virtually the same as the combined lower and upper classes.

By one reading, the study could be sifted as good news because the number of adults living in upper class homes increased by half between 1971 and 2015, from 14 percent to 21 percent. Low-income homes increased from 25 percent to 29 percent in the same time period, with the middle class shrinking from 61 percent to 50 percent.
Read more at GodfatherPolitics

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