Thread: What impact will Colin Powell's endorsement have?
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Old 10-20-2008, 05:31 PM
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Eric5273 Eric5273 is offline
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Quote:
Originally Posted by JCL
Perhaps it is the demographic on this board, but I struggle with a definition of middle class that is making over $250,000 per year. Maybe that is the upper middle, I don't know. Isn't the median wage in the US around $50k? If $250k is the cutoff for the top 5% (just guessing at that figure) then that is a pretty broad middle.
I believe the correct figure is more like 2%. And yes, it is a pretty broad middle to consider people within the top 5% to be "middle class".
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