The Rise and Decline of America’s Middle Class: A Tale of Policy, Purchasing Power, and Inequality
August 18, 2024
In the decades following World War II, the United States witnessed unprecedented economic growth and prosperity that significantly benefited middle- and working-class Americans. From the late 1940s through the 1970s, the American Dream seemed more attainable than ever. As wages increased, homeownership expanded, and the purchasing power of the average worker was robust. However, this […]
