Is America "The World's First Poor Rich Country"?
Small Business Labs
MAY 31, 2018
. He argues that despite relatively high incomes, growing numbers of Americans can't afford a middle class lifestyle. First, the basics of life exploded in price, to the point that they are now unaffordable for many, maybe most, households. He sums up his analysis by saying the U.S. is the New American Aristocracy. The
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