"Why isn't the middle class earning $156,000 a year?"

(I thought about adding this to one of the other threads about wages or taxes, but decided it didn't quite fit in either.)

Quote:

Everyone knows the Top 1% have been killing it in recent decades, while most Americans have seen their incomes stagnate. But what if the middle class were doing as well as the richest Americans? What would their annual income be? CNNMoney asked the Economic Policy Institute, a left-leaning research group, to crunch the numbers. The answer: $156,318. Instead, the average household income of the middle class is less than half that: $72,036. That's up only 17% from 1979, when it was $61,542.

Quote:

The fortunes of the Top 1% and everyone else began to diverge in the late 1970s, when the richest Americans were earning $613,313. They have since seen their average household income skyrocket by nearly 150% to more than $1.5 million.

Why isn't the middle class earning $156,000 a year? (CNN.com)

I don't really have anything to add.

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