Who or what is the "Middle Class"?

In the last presidential debate, Obama and Romney kept talking about how they want to support the "Middle Class".


What is the "Middle Class"?

Read this article by Economics Reporter John W. Schoen

Who or what is the "Middle Class"?


"Middle Class" means different things to different people.

Some people think, if you have a job, a home, a family and some money for a vacation, then you are in the "Middle Class".

If you make $50,000 a year, most people think you are in the "Middle Class".


But how about if you make $100,000 a year?

Many people who make $100,000 think of themselves in the "Middle Class".


How about $200,000 a year?

Some people who make $200,000 think of themselves in the "Middle Class".

I can`t believe it!


"Middle Class" is a very ambiguous term.

That`s why politicians want to keep saying it!