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Reply to "Upper middle class (not adjusted for COL) ends at 350K HHI nationally, DC is 476K-525K "
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[quote=Anonymous][quote=Anonymous]The point of the article was not the boundaries. Those were used to define the breaks. It was the distribution. The people earning 100-350K are booming in this economy: numbers are swelling (I assume they are adjusted for inflation). The MC is disappearing: people are going either to the LMC/P or UMC. Basically, if you get the right education, you end up in UMC. [/quote] I don't think you read the article. The poor and lower middle class population has been shrinking, not growing. So the decrease in population of the middle class is going to upper middle class, not to lower middle class. If anything, this is the sign of exceptional class mobility within the US. However, I disagree with the statistics. I believe the cut-offs they chose are artificial and no longer reflect the reality of the middle class population. [/quote]
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