Shrinking middle class

Another grueling chart to show the accelerated shrinking of middle class after the financial meltdown in late 2007. Shrinking middle class, expanding low-income households and the soaring wealthy households are the inevitable trends. It is probably true for most of the countries. As in today's local newspaper, "In 1980s, all the better-paying jobs for low-skill workers were there for the taking. Those are not there any more."