This is the most frightening data set in a long time. New research on after-tax middle-class incomes around the world is out and it paints a sad picture of this once unstoppable country. The American middle class is being outpaced in wealth by almost everyone, especially Canada, Britain, Ireland, and the Dutch. Those four nations have seen double digit growth wealth growth of their middle class since the year 2000, US on the other hand, less half of one percent growth. We’ve also seen an undeniable decline in economic freedoms in the same span, maybe there’s a correlation there?
Photo: EN2008 via Flickr