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 ...

"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 ...

“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 ...