The Mudcat Café TM
Thread #145879 Message #3395375
Posted By: GUEST,999
26-Aug-12 - 10:21 AM
Thread Name: BS: 58% Say The Rich Deserve Their Wealth
Subject: RE: BS: 58% Say The Rich Deserve Their Wealth
Middle Class as a socioeconomically distinct group has been variously described over the past 60 years. Putting a dollar figure on income is puerile because once take-home pay is eaten at by debt in various forms and costs rising, that figure changes little or lots, depending on a variety of circumstances and factors. That said, here is a balanced article that might be worth reading. Takes about four minutes.
http://www.timesofmalta.com/articles/view/20120826/business-news/US-middle-class-shrinks.434441