Wednesday, June 13, 2007

Steve Conover has found where the middle class disappeared to

Many of them became too wealthy to stay middle class. Brilliant,
as usual.

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.

No comments:

Post a Comment