Comment By conservative AEI w/o clear middle class definit (Score 1) 199
Without a clear definition, it is difficult to see what you are comparing: 'By our definitions, using contemporary benchmarks, 36 percent of American families composed the core middle class in 1979, while just over half (54 percent) fell short of core middle-class'.
The 1979 post 2 time oil embargo great inflation and recession was their starting point and benchmark.