What’s your data source?
Keep in mind that the modern, mass middle class was created in the mid-20th century through government policies and post-WWII economic growth.
https://spp.ucalgary.ca/sites/default/files/teams/1/Publicat...
All the growth in our economy since the 70s has been captured by the richest. If purchasing power is a finite ressource, we're getting squeezed out by the 10%.
What’s your data source?
Keep in mind that the modern, mass middle class was created in the mid-20th century through government policies and post-WWII economic growth.