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The Middle Class Is Shrinking In Cities Across U.S.

A general view from Sam Boyd Stadium shows the Las Vegas Strip behind homes on October 31, 2015 in Las Vegas, Nevada  (Ethan Miller/Getty Images)
A general view from Sam Boyd Stadium shows the Las Vegas Strip behind homes on October 31, 2015 in Las Vegas, Nevada (Ethan Miller/Getty Images)

The American middle class has been shrinking since 2000, but according to new analysis by Pew Research Center, it’s shrinking not just in economically troubled areas, but in most major metropolitan areas, too. Cities with more income inequality usually have smaller middle classes, which means that families are either moving up or down the economic ladder. Here & Now’s Jeremy Hobson talks with business journalist Ali Velshi about this shift.

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