Home

Being middle class isn’t what it used to be. That isn’t so surprising, of course. Everything changes. One hundred years ago, you were considered middle class if you made $577 a year, according to TheCostofLiving.com. Today, many people make that much in a week. At least, according to the Bureau of Labor Statistics, the median weekly earnings of full-time workers for the first quarter of 2014 were $796.

But just what is middle class today? There seems to be a lot of evidence out there that the status of middle class is almost the new poor. To wit, in recent months:

http://money.msn.com/personal-finance/what-it-means-to-be-middle-class-today

5 thoughts on “Middle Class has become the New Poor

  1. I think that economist who was interviewed by Bill Moyers said something along these lines, too. This should be alarming news for every American.

    Like

  2. That article is basically saying that many people feel the American dream is no longer attainable. That should be gut-wrenching for every American to hear. It is for me.

    Like

Comments are closed.