This is an interesting article from the Economix column in the NYT. Check it out!
Personally, I am a bit horrified at the thought of the US presedential candidates defining middle-class by annual earnings expressed in US Dollars. For me, this is a bit tacky and seems to monetarize things that should not be monetarized.
For me, the concept of “middle class” is more about culture and values. Certainly, in the UK I believe this to be the case.
What do you think?