Working Americans have long complained about a middle-class squeeze, but families focused on their day-to-day financial struggles may not always see how much ground has actually been lost.
EPI data tracking income and wage patterns show that the majority of income growth has for decades gone to a startlingly small number of top earners, while other workers have suffered a persistent stagnation or even decline in real earnings. While many middle-income families have lost jobs, homes, and retirement savings during the latest recession, their economic woes date back much further.
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