The middle class is shrinking because:
A. Formerly middle class Americans are slipping into poverty as their incomes and wealth get siphoned into the coffers of fat cats lighting $100 cigars with $20 bills.
B. America’s families are getting wealthier; a thriving economy is producing a bigger pie, and formerly middle class Americans have their incomes and wealth swollen so much than they now qualify as upper class.
Larry Kudlow ways that the answer is "B."
2007-01-20
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