More than half of Americans who grew up rich no longer think they're rich
, the size of middle-class America has decreased by nearly 10% from 1971 to 2016. And from 2010 to 2016, their wealth didn't increase at the higher rate of the upper class, widening the income gap between the two groups.
But the middle class is pretty positive about their situation: According to the survey, only 18% of the middle class think they're worse off than they had expected they'd be 10 years ago, while roughly 40% think they're better off — more than any other class group. Nearly a quarter of those who said they're working class think they're better off, as well as around 20% of respondents who identified as upper middle class.
And while many of those who grew up middle class or above think they're now in a lower class, most of those who grew up poor or working class now identify in a higher class. Nearly half of those who grew up identifying as poor still think they're poor, but more than half think they're now working class. Likewise, nearly half of those who grew up identifying as working class still think they're working class, but 36% now identify as middle class or upper middle class.
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