The American Enterprise Institute, a conservative think tank, wrote a position paper arguing that Americans are saving a lot more for retirement than a Pew study showed. The AEI objected to the sort of media reports about the Pew study saying,…
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Anyone who is a true advocate for the middle class must accept a little class warfare
Posted in Inequality, Middle class
¡¿”No one actually knows who is in the middle class”? That is crazy. It isn’t rocket science.
Ezra Klein complains today that “no one actually knows who is in the middle class” because he wants to define a dollar income that can define the “middle-class line” like the way we define the poverty line. In the New…
Posted in Middle class
Eliminate “The Middle Class”
The concept of “the middle class” has never been well defined and has outlived its usefulness. Because we have more precise statistical terms like ‘median,’ we should use them. Wikipedia’s academic sources demonstrate that “the middle class” is often defined as…
What Is Middle Class?
Politicians like to talk about “the middle class.” For example, Obama said that his reelection was “a mandate to help middle-class families and families that are working hard to try to get into the middle class.” But the ‘middle-class’ is…
Medianism 