If you’re a proud member of America’s middle class, you may have been startled to learn last week that your after-tax income now makes you worse off than your Canadian neighbors to the north. They can now claim the title of the richest middle class on the planet.
Let’s take a look at the bombshell that the New York Times dropped in our midst last week. It’s based on data from the Luxembourg Income Study Database, and focuses squarely on median income. Read more.