This whole middle class thing blows my mind, it really does.
I would love for someone smarter than me to do a study on money spent on luxury's by those in the middle-class or lower-class. I am speaking as someone who considers myself from the middle-class. I mean forget the 50" LED flat screens, iPhone's that have more processing power than my first computer in '88 or even the one I built in '96, hell even ones not 7 years ago, forget the Microwaves, forget the unlimited ultra high speed internet access. Those are just common now and relativity cheap.
A study about the percentage spent on a vehicle, a house, or food (eating out) compared to that of the middle class in the 70's and 80's.
Also, I would have to look it up, but I have heard it quote that there are more people making more money like hundreds of thousands and millions than there ever was meaning people moving from the middle class becoming rich, why is that bad? I mean look back in the 20's when you had only a few family's that controlled everything, every bank, every railroad, talk about 1%... What the dummies want to go back then? Surely not...