BUSINESS

The American Middle Class Is No Longer The World's Richest

04/22/2014 10:56 am 10:56:06
The New York Times

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.

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