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b_b · 2863 days ago · link · · parent · post: Research shows the number of U.S. upper middle class households has more than doubled since 1979
In what sense? Do you know what the price of, say, a VCR was when they were new? Say it was $1400 in 1975 dollars (according to the gov't that over $6000 in 2016 dollars). Now you can buy a 70" LED monitor with internet capability plus a Blu-Ray player and a Bose sound system for a fraction of that. This is one trivial example. There are plenty of others. Cars, for example. It is difficult to make an apples-to-apples comparison, because the quality and efficiency or cars these days are light years beyond what they were 30-40 years ago, but it's easy to see that we're getting a better deal now.