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Subject Item
dbpedia:Middle-class_squeeze
rdfs:comment
The middle-class squeeze is the situation where increases in wages fail to keep up with inflation for middle-income earners, while at the same time, the phenomenon fails to have a similar impact on the top wage earners. Persons belonging to the middle class find that inflation in consumer goods and the housing market prevent them from maintaining a middle-class lifestyle, making downward mobility a threat to aspirations of upward mobility.
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dbpedia:United_States dbpedia:Economic_inequality
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