There Is Still A Sort Of Thriving Middle Class

America has rich, poor, and in between

Floyd Mori
ILLUMINATION

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Photo by Gautam Krishnan on Unsplash

Millions of people live in nice homes and have ample incomes.

There are people in the United States who insist that there are the filthy rich, the poor, and very few in between. They don’t think there are that many people in the middle class any longer.

A lot of people feel that the U.S. economy is in a sorry state of affairs. They claim that inflation is out of control and prices are too high for comfort. Those factors likely have little concern for the filthy rich and even the upper middle class, but they might care about how their less wealthy neighbors are faring.

The Commerce Department reported that the U.S. economy grew at a solid annual rate of 2.8% in July, August, and September. There are those who say that the economy is doing well.

While it is true that there are many who are suffering financially and there may be those who dropped out of the middle class, there are millions of people in the United States who are comfortable with enough money for their needs and some luxuries.

There are reports which have stated that 18% of households in the United States have a net worth of $1 million or more. It could be that many of those households are living in a million…

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