According to the video, how has the economic reality of middle-class Americans changed since the mid-twentieth century? Briefly summarize in your own words.
Based on general knowledge, the economic reality of middle-class Americans has shifted since the mid-twentieth century due to factors like globalization, technological advancements, stagnant wages, rising costs of living, and the decline of certain industries. This has led to increased income inequality, financial insecurity, and a shrinking middle class.