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Middle-class families in the U.S. have faced decades of stagnant income growth and rising prices, contributing to financial challenges.
The average real wealth of U.S. middle-class households has declined significantly, with a decrease of over $33,000 in a single year, adding to financial stress.
Inflation has intensified financial struggles, with 72% of middle-income families reporting that their earnings are falling behind the cost of living.
The phenomenon of the "Two-Income Trap" has made families more financially vulnerable, as having both parents working has not provided the expected financial security.
The shrinking middle class is evident, with a decline from 61% of American households considered middle class in 1971 to a lower percentage today, indicating economic challenges for this demographic.
Excessive consumer debt is identified as a significant factor contributing to the financial woes of the middle class, undermining their overall prosperity.

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