Middle class is just a phrase to the democrats, they don’t know who those folks are.
susie
No, Holmes [sic] is a Democrat. Regardless of intelligence, Democrats have a bizarre notion of what constitutes the middle class. I think from observation they use ‘middle class’ to mean ‘between the Federal poverty line and the median earnings of a UAW member’. Anyone who makes more than that is ‘rich’.
I may have the upper bound wrong, it might be the median earnings of a UAW member plus the median earnings of an elementary school teacher. One thing is clear though, their notion of economic class is not elastic with family size: it doesn’t matter how many kids you have, if you and your wife make $150,500 in gross adjusted income, you have to pay the AMT!