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America’s middle class is slowly fading away — here’s why

What’s going on with America’s middle class?

Some members of America’s middle class are getting richer and moving up in the world. But millions of lower income people are also getting left behind. The share of people in the middle class in the U.S. is less than in any of 11 countries from Western Europe, according to a new report by the Pew Research Center, a nonprofit think tank in Washington, D.C., and has fallen to 59% in 2010 from 62% in 1991. “The American experience reflects a marked difference in how income is distributed in the U.S. compared with many countries in Western Europe,” the report said.

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