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Distinguished from the Macroblog at delong.typepad.com and from twitter at @delong...
Jun 15 '12
felixsalmon:

Where exactly the “middle class” begins and ends in the income distribution is a question that probably has no firm answer that will satisfy everybody. But any reasonable definition of it ends well before even the $250,000 threshold.
(via Households making between $250K and $1M a year are not ‘middle class’ | Economic Policy Institute)

felixsalmon:

Where exactly the “middle class” begins and ends in the income distribution is a question that probably has no firm answer that will satisfy everybody. But any reasonable definition of it ends well before even the $250,000 threshold.

(via Households making between $250K and $1M a year are not ‘middle class’ | Economic Policy Institute)

10 notes (via felixsalmon)