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Old 09-15-2012, 05:50 AM  
Mutt
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Join Date: Sep 2002
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Quote:
Originally Posted by Relentless View Post
The middle class did not shrink... That's a misnomer. That would imply some people went from middle to wealthy and others went from middle to poor. What actually happened is the number of poor people grew quite a bit, and the people already wealthy became more wealthy.

Growth of poverty is not a shrinking middle class... It's many new poor people and almost zero new wealthy ones...
how can you state that like it's a fact when you post no evidence? i am sure plenty of people have gone from middle class to poor(lost a good job, non-replaced or replaced with a minimum wage job) and plenty of people have gone from middle class to rich(tech industry)
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