How the American Upper Middle Class Is Leaving Everyone Else in the Dust

Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It

by Richard V. Reeves

4.2 out of 5

Language	:	English
File size	:	4751 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	199 pages

FREE

The American upper middle class is pulling away from the rest of the country, both economically and socially. This is due to a number of factors, including rising income inequality, the decline of the middle class, and the increasing importance of education.

In recent decades, the gap between the rich and the poor has grown wider, with the upper middle class benefiting the most. This is due in part to the decline of the middle class, which has seen its income and wealth stagnate. The upper middle class, on the other hand, has seen its income and wealth grow, thanks in part to its access to higher education and its ability to take advantage of the global economy.

The increasing importance of education has also played a role in the growing divide between the upper middle class and the rest of the country. In today's economy, a college degree is more important than ever before, and the upper middle class is more likely to have a college degree than the rest of the country. This gives the upper middle class a significant advantage in the job market, and it also allows them to take advantage of the opportunities that a global economy provides.

The growing divide between the upper middle class and the rest of the country has a number of negative consequences. For one, it is making it increasingly difficult for people to move up the economic ladder. The upper middle class is increasingly closed off to the rest of the country, and it is becoming more difficult for people to achieve economic success.

Another negative consequence of the growing divide between the upper middle class and the rest of the country is that it is leading to social unrest. The upper middle class is increasingly isolated from the rest of the country, and this is leading to resentment and anger. This resentment and anger is often expressed through political activism, and it is a major factor in the rise of populism and nationalism around the world.

The growing divide between the upper middle class and the rest of the country is a serious problem that needs to be addressed. If we do not address this problem, it will continue to have negative consequences for our economy and our society.

Here are some ways to address the growing divide between the upper middle class and the rest of the country:

1. Increase access to higher education. One of the most important things we can do to address the growing divide between the upper middle class and the rest of the country is to increase access to higher education. This will allow more people to get the skills they need to compete in the global economy, and it will also help to close the income gap between the rich and the poor.
2. Invest in infrastructure. Another important thing we can do to address the growing divide between the upper middle class and the rest of the country is to invest in infrastructure. This will create jobs, it will make it easier for people to get around, and it will improve the overall quality of life for everyone.
3. Raise the minimum wage. One of the most direct ways to address the growing divide between the upper middle class and the rest of the country is to raise the minimum wage. This will put more money in the pockets of working families, and it will help to reduce poverty.
4. Strengthen unions. Unions play an important role in protecting workers' rights and in ensuring that workers get a fair share of the profits. Strengthening unions will help to close the income gap between the rich and the poor, and it will also help to improve the overall quality of life for working families.

By taking these steps, we can begin to address the growing divide between the upper middle class and the rest of the country. This will make our economy stronger, it will make our society more just, and it will improve the overall quality of life for everyone.

Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It

by Richard V. Reeves

4.2 out of 5

Language	:	English
File size	:	4751 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	199 pages

FREE