Urban Institute

Politicians across both sides of the aisle are constantly blaming the other side for the shrinking middle class. However, according to a recent survey, the upper middle class is not only doing just fine — it is surging. Bloomberg picked up on a study conducted by Urban Institute, which found...

The rich are getting richer, the poor are getting poorer and the middle class isn't advancing, right? Not according to a new study. According to the Urban Institute, the middle class has been shrinking since 1979. However, the shrinking part of the middle class isn't dropping to the lower class,...