POLITICS

The American Middle Class Is No Longer the World's Richest

New Jersey, Paterson, Older Factories And Homes In Lower Middle Class Region. (Photo by Jeffrey Greenberg/UIG via Getty Image
New Jersey, Paterson, Older Factories And Homes In Lower Middle Class Region. (Photo by Jeffrey Greenberg/UIG via Getty Images)

The American middle class, long the most affluent in the world, has lost that distinction.

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