Assignment
In 2015, the Washington Post
wrote an article describing how the U.S. middle class died. Sherk (2015)
explained five ways I'm afraid that's wrong. What are the five ways? What is
your analysis of the article?
Sherk, J. (2015, Jan.
13). Five ways the Washington Post got middle class woes wrong. Retrieved from https://www.heritage.org/jobs-and-labor/commentary/five-ways-the-washington-post-got-middle-class-woes-wrongLinks
to an external site.
There are conflicting views on
the economic decline middle class presented by the Washington Post. Therefore,
it is essential to analyze the critiques of this article for an adequate
comprehension of this issue.There are five ways in which the findings of this
article are considered inaccurate. These findings are considered inaccurate due
to the survey outcomes and inflation adjustment based on the consumer price
index affecting the reported incomes (Sherk,
2015). Therefore, these techniques present lower incomes for this demographic
compared to the actual reality, making the claims of the article inaccurate.
Additionally, there are benefit and demographic adjustments as well as
bias-free records on this class's economic status that challenge this article's
findings (Sherk, 2015).
Generally, the findings of this article are inaccurate based on various factors
that affect the depiction of the middle class presented by these findings.