In the last few years many researchers, commentators, and elected officials have bemoaned the fact that the middle class has not been receiving its fair share of income growth. Given the increased work effort of female spouses, it is claimed that the middle class has been treading water while working longer. When this is contrasted with the rise in productivity, CEO pay and corporate profits, the natural conclusion is that the system is rigged and needs changing. As a result, the focus of many, particularly those on the left, has shifted from promoting g
