The shrinking middle class – Diepresse.com
In a majority of the EU member states-including Austria, Germany and France-the proportion of the population has been shrinking with medium-sized incomes since 2007.
Among other things, the shrinking middle of society is held responsible for the election success of Donald Trump and the growing social gap in the USA. So far, it has not only ensured most of the state tax revenue, but also for political and social stability. According to a study of the Pew Research Center The proportion of households with medium income in the United States from 1971 to 2023 was reduced from 61 to 51 percent. Although a growing proportion of low incomes is also responsible for development, the majority of the shift is due to an increase in the proportion of households with a high income. That means: the middle shrinks primarily through more rich. The development is opposite in Europe, in contrast to the USA, the proportion of the so -called middle class fell in a large part of the EU-Membership not layers not by climbing the richer segment, but by a descent.
