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Richard V. Reeves, author of “Dream Hoarders,” argues that class segregation is harming America’s middle class and its idea of itself as a meritocracy.

Americans in the upper and upper-middle class end up marrying each other, going to school with each other and working with each other, Reeves says.

That kind of segregation creates what Reeves called a “reference point bias” that makes it hard for people to realize they are more well-off than the real middle class.

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