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Reply to "What is Middle Class....Really?"
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[quote=Anonymous][quote=Anonymous]Middle income is not the same as middle class. The overlap between the two has to do with how the income is generated. Here's one way to think about it ([url=https://www.amazon.com/exec/obidos/ISBN=0671792253]Class: A Guide Through the American Status System[/url]): The Top Class (out of sight) Wealth through inheritance alone. Multi-generational. The Upper Class They often inherit a good amount of money, but they earn it too doing some slight and attractive type of work. The Upper-Middle Class They earn large amounts of money through things like investment banking, medicine, big law, etc. If they stop working, their income stops. The Middle Class Corporate white collar workers. The Proletarian Class A person making $100,000 is likely middle class, even if that's well above the median income. [/quote] OP. That's interesting, except you left off the description of proletariat. I assume that would be lower-middle class, or even working class. Sounds like an interesting book. I'd assume that the majority of people (voters) are probably lower-middle to middle. That was traditionally the demographic that went for the Democrats, but it really switched this last election. Now it's more of the upper-middle to upper going Democrat, and that's the problem. UMC and up are only 15% of the electorate. (But now I'm wading into politics. Oh-oh!)[/quote]
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