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Mr. Money Mustache on America’s middle class: ‘Politicians like to cultivate fear, jealously and entitlement’

The Pew Research Center, a nonprofit think-tank in Washington, D.C., released a major report Monday on America’s shrinking middle class. The blogger known was Mr. Money Mustache, who retired at the age of 30, says the middle class has been gutted by over-regulation and the cost of many necessities in the U.S. is more reasonable than many other countries.

MarketWatch: Are you middle class? If so, how do you judge it?

Mr. Money Mustache: That’s a tricky one! I was raised in a middle-income family with a lower-middle level of household spending. And my own family’s household spending nowadays is roughly what a median U.S.

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