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Not Just the 1%: The Upper Middle Class Is Larger and Richer Than Ever

Research shows the number of upper middle class households has more than doubled since 1979

A range of data after the recession and the housing bust supported the idea that only a tiny elite of U.S. society, generally seen as the top 1%, had rebounded and was doing well. But a growing body of evidence suggests the economic expansion since the 2007-09 financial crisis has enriched a much larger swath of […]

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