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b_b  ·  3053 days ago  ·  link  ·    ·  parent  ·  post: The American middle class is no longer the majority

If we're defining two people who combined make $100k as upper class, then there is something seriously wrong with the government's definitions. Two barely-above-entry-level-college-grads are squarely not in the upper class. Maybe we need to redefine what middle income is based on purchasing power rather than percentages of the median. Percentage of the median is meaningless unless we know something about the distribution. This measurement seems arbitrary, and doesn't jibe with reality.