Just look at the data Warren provides at the 22 to 30 minute mark. American families have 2 parents working and spend massive proportions of their income on transportation, healthcare, mortgages, taxes and childcare. I am not disputing that there is a middle class and that some are doing very well for themselves. Of course that would be the case, but in general standards of living for middle class people have declined economically over recent decades. For those in the lower end sectors such as long term manufacturing, they have been eradicated and many others will clearly be struggling.

The only way families have survived is by making sure that more women work and in turn that means children are being raised very differently to generations past too. With two parents working families have LESS money that when there were largely single earning families. Now what will you say to disagree with the data that Warren provides? Elizabeth Warren is well respected and your ancedotal 'evidence' is clearly just that. America is a very big country and nobody denies that there are rich people or people with a spare room. I have one too, but that isn't really relevant to a bigger picture.