Who needs a middle class anyway?
May 21, 2004 1:22 PM Subscribe
Middle-Class 2003: How Congress Voted (executive summary) Who is doing better under the a Republican White House and Congress? If you're part of the vast majority...the middle class...it isn't you. So finds a very useful new report out today from the Drum Major Institute for Public Policy, a non-partisan think tank. Full report here. (PDF) The study defines middle class as Americans with incomes between approximately 200 percent of the federal poverty threshold and those of the top 5 percent of earners -- roughly $25,000 to $100,000 a year. (Which excludes Congresscritters, who have consistently given themselves raises to well over 150k a year.)
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