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Reply #64: The definitions economists use are NOT consistent. [View All]

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UdoKier Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-28-05 12:13 PM
Response to Reply #60
64. The definitions economists use are NOT consistent.
Nor are they based in reality. They tend to use median income, or quintiles, or whatever.

I simply don't think you can call a person who makes an income that less than 20% of the population earn as "middle class", and yet, people in those strata are often defined that way.


And again, struggling to get by on $25K in this environment, it's nigh on impossible to muster ANY sympathy for people living such extravagant lifestyles that they can't sock away some savings on $90K/year.
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