Scott Winship hits the nail on the head here:
Everyone’s approvingly linking to this Edward Luce piece on “the crisis of middle-class America”. I want to set myself on fire.
Seriously, it’s discouraging to see so many people who should know better (because they’ve argued these points with me before) promoting this article. I can’t think of another piece in the doomsday genre—and there are many—that gets it so consistently wrong.
I’m sick and tired of seeing the same damn doom and gloom. I can walk down the street and find some people who’s lives are in shambles for one reason or another, but I can walk next door and find a family that is doing just fine.
As usual, the partisan media cares more about selling emotional copy, to weaponize against those they disagree with, than getting an accurate glimpse of what is going on. Things aren’t great, but they’ve been worse, and they’re getting better.
This isn’t about being centrist – this is about being reality-based. The data just does not support the position Luce takes here.