Who Is "Middle Class?"

Reuters - "Most people tend to think of themselves as middle class unless they're (billionaire investor) Warren Buffett or really poor," said J.D. Foster, an economist and senior fellow at the Heritage Foundation, a conservative think tank. Foster regards the upper 20 percent of earners as "upper income" and the lower 20 percent as "lower income." He regards the 60 percent in the middle as middle class, with household incomes roughly between $25,000 and $100,000. Read full story here: News New Mexico

Who Is "Middle Class?"