![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdYp-CnItuDgIlqP8Uz1YVIp4Lwb0yzvA_30ZB7zdp2vjrSECEQ3C58135HW5mouXZF-eIPVtQ2GTSkrSed7NWF0atQL0YR3Dlwmw1n672_Kg-Kq6SDi2VZgX_dG8mO8Hx9FWf/s400/middleclass.gif)
Many of them became too wealthy to stay middle class. Brilliant,
as usual.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4QdtiAxRavuBeVbGndOQYUb4pqRFuj5dgQ3GyWXzZ0I1YC-BCgbLnAeqmMpha9__RGvsyw-eFI5FNYXtyLfgnQTFB24KIQeDOl1Lhj8yG4k1FMG9Ybx_NV6yYxQGTa5J5w4tS/s400/spx.0613.png)
UPDATE: Conover prints a correction. I guess I've got some confirmation bias, because when I read it, I started thinking about the internet bubble and record low unemployment in 2000, and also thought about baby boomer retirement impact on his data.
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