Reply to Family of Four on 90k - An Upper Middle Class Existence

Forum Index » Money and Finances

Reply to "Family of Four on 90k - An Upper Middle Class Existence"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]The concept of upper middle class is pretty vague and economists and sociologists look at it differently. It usually refers to well-educated professionals with graduate degrees and comfortable incomes secure from economic down-turns.  Economists like to emphasize the security from the business cycle. Sociologists like to emphasize skills, education and patterns of behavior. What they agree on is that it isn't about absolute income. While a small business owner or sales executive may earn more than a doctor or lawyer, they are generally not included in the upper middle class concept because those occupations don't necessarily carry the same social status and influence or cultural attributes. Academics are almost always included in the definition, even though they may make very little (adjuncts!). Historians like to point out the unique role that the upper middle class has played in social movements.

Bottom line - money isn't everything. Autonomy, security, and education are better indicators of who is in the upper middle class than income alone.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics