The Middle Class Can’t Keep Up With Persistent Inflation Forever

t seems unlikely that one issue — indeed, one chart — could define the politics of the last several years and even the last decade. Yet the pattern seems clear.

A recent Wall Street Journal article explained how the middle class feels increasingly squeezed by post-pandemic price hikes. Quotes from families seeking the light at the end of the tunnel show how American households feel stuck in an ever-growing vise by prices rising faster than their incomes can keep up.

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American Politics in One Chart

A fascinating graphic in the article, taken from University of Michigan consumer survey data polling the middle class, shows how families’ perception of their personal financial situation has deteriorated:


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