“Middle class” is often used as a monolithic term. When politicians invoke it, they’re referring to anyone who isn’t wildly wealthy or who wouldn’t classify as financially disadvantaged. But there’s ...
GOBankingRates referred to the Pew Research Center’s definition of middle class as two-thirds to double the median household income to determine the cities where a six-figure income is considered ...
“The middle class is shrinking” might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...
Though terms like these can’t fully encapsulate people’s specific financial realities, they can be useful. The differences between how the lower middle class and upper middle class are living can ...
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