Boss
Take a Memo:
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- #261
Right now a lot more people are descending from the middle class than ascending into the upper class.
Not true.
View attachment 49195
Depending on the local, 75k seems a low number to be considered upper income...
I don't understand your point. The graphic shows where the so-called "middle class" are going. Now you want to get anal over the parameters of the graphic but I can't change that. Some number had to be used to distinguish between low-middle-high and $25k-$75k seems to be reasonable parameters for "middle income" to me.
The data clearly shows the number of families below $25k are declining since 1967. The number of families below $75k are also declining. Where are they going? The graphic clearly shows you where they are going.
So when you say "more people are descending from the middle class than ascending into the upper class" that's just not correct according to the US Census Bureau statistics since 1967.