Is the Middle Class Really Lost? What the Pew Income Study Tells Us

There are more rich people than ever before in America. In 1971, only 4% of American adults belonged to the highest income bracket, by 2015 around 9% of US adult residents were in the top income bracket.

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Did Another Retailer Just Collapse?

Yet another cause of Roundy’s near demise was a rather desperate attempt to create a chain of high-end markets designed to cater to upper-class customers in Chicago—Mariano’s. Mariano’s appeared to be the only part of the chain that was making money. Obviously, part of the reason for the Mariano’s experiment was to try to replace the lost middle-class customers.

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