{"id":66128,"date":"2015-03-14T08:43:32","date_gmt":"2015-03-14T13:43:32","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=66128"},"modified":"2015-03-02T01:56:44","modified_gmt":"2015-03-02T06:56:44","slug":"chart-of-the-week-the-world-is-catching-up-to-the-american-middle-class","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2015\/03\/14\/chart-of-the-week-the-world-is-catching-up-to-the-american-middle-class\/","title":{"rendered":"Chart of the Week: The World is Catching Up to the American Middle Class"},"content":{"rendered":"<p>The U.S. once led the world in middle class affluence, but thanks to a recovery from the Great Recession that involves giving all the money to the already-rich, we&#8217;re losing that distinction.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"332\" data-total-count=\"3075\">\u201cIn 1960,&#8221; <a href=\"http:\/\/www.nytimes.com\/2014\/04\/23\/upshot\/the-american-middle-class-is-no-longer-the-worlds-richest.html?action=click&amp;contentCollection=The%20Upshot&amp;module=RelatedCoverage&amp;region=Marginalia&amp;pgtype=article&amp;abt=0002&amp;abg=0\" target=\"_blank\">said<\/a> Harvard economist Lawrence Katz, &#8220;we were massively richer than anyone else. In 1980, we were richer. In the 1990s, we were still richer.\u201d<\/p>\n<p id=\"story-continues-4\" class=\"story-body-text story-content\" data-para-count=\"49\" data-total-count=\"3124\">Not so much anymore. This chart shows that many countries have been\u00a0closing the gap.<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"49\" data-total-count=\"3124\"><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/9.png\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-66130\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/9.png\" alt=\"9\" width=\"741\" height=\"321\" srcset=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/9.png 741w, https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/9-500x217.png 500w\" sizes=\"auto, (max-width: 741px) 100vw, 741px\" \/><\/a><\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"49\" data-total-count=\"3124\">Good for them, of course, but the American middle class is struggling, too. Pew Research Center demographer\u00a0<a href=\"https:\/\/twitter.com\/conradhackett\/status\/571640967456927745\" target=\"_blank\">Conrad Hackett<\/a> summed it up:<\/p>\n<p class=\"story-body-text story-content\" data-para-count=\"49\" data-total-count=\"3124\"><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/8.png\" data-rel=\"lightbox-image-1\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-66129\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/8.png\" alt=\"8\" width=\"464\" height=\"177\" srcset=\"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/8.png 577w, https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/8-500x191.png 500w\" sizes=\"auto, (max-width: 464px) 100vw, 464px\" \/><\/a><\/p>\n<span class=\"ft_signature\"><em><a href=\"http:\/\/lisa-wade.com\/\">Lisa Wade, PhD<\/a> is an Associate Professor at Tulane University. She is the author of <\/em><a href=\"https:\/\/www.amazon.com\/American-Hookup-New-Culture-Campus\/dp\/039328509X?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">American Hookup<\/a><em>, a book about college sexual culture; a <a href=\"https:\/\/www.amazon.com\/Gender-Interactions-Institutions-Lisa-Wade\/dp\/0393931072?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">textbook about gender<\/a>; and a forthcoming introductory text: <\/em><a href=\"https:\/\/lisa-wade.com\/intro\/\">Terrible Magnificent Sociology<\/a><em>.\u00a0You can follow her on <a href=\"https:\/\/twitter.com\/lisawade\">Twitter<\/a> and <a href=\"https:\/\/www.instagram.com\/lisawadephd\/\">Instagram<\/a>.<\/em><\/span>","protected":false},"excerpt":{"rendered":"<p>The U.S. once led the world in middle class affluence, but thanks to a recovery from the Great Recession that involves giving all the money to the already-rich, we&#8217;re losing that distinction. \u201cIn 1960,&#8221; said Harvard economist Lawrence Katz, &#8220;we were massively richer than anyone else. In 1980, we were richer. In the 1990s, we [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":66131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[29,36,12498,260,1811,1770,1777,1791,1802,1804,1789,3920],"class_list":["post-66128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-class","tag-economics","tag-economics-great-recession","tag-international-comparisons","tag-nation-britainthe-u-k","tag-nation-canada","tag-nation-germany","tag-nation-norway","tag-nation-spain","tag-nation-sweden","tag-nation-the-netherlands","tag-nation-united-states"],"jetpack_featured_media_url":"https:\/\/thesocietypages.org\/socimages\/files\/2015\/03\/10.png","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/66128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=66128"}],"version-history":[{"count":1,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/66128\/revisions"}],"predecessor-version":[{"id":66132,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/66128\/revisions\/66132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media\/66131"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=66128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=66128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=66128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}