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The US Middle Class Is Doing Fine. Why Are They So Worried?
Big Take
The Future of the Middle Class
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Sean Donan: Inflation attacks the income of the middle class. He says we're entering this prolonged period of inflation, almost certainly going to result in recession. How is that going to affect this wealth that is kind of the backbone of the American economy? We don't know; it depends on how long it takes to bring inflation down closer to where the Fed wants it to be.
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