Essay On Middle Class
All of us find balance in the middle. Maybe that is why most Americans classify themselves in the middle class. We all have a blurred vision of what the middle class even is. It's almost an abstract idea now, some say it's real some say it’s fake. Obviously it isn’t a state of mind. The middle class is a combination of your income and consumption, and whether we like it or not it exist.
By default class is based off of income. This is because it decides factors for situations like qualifying for government help. The government can’t just let large percentages of its population fall into poverty and do nothing about it. That is why we have plans put into place to try and prevent this. The middle class naturally is the largest because having too much equality, or separation between the three would lead to obvious problems. But who is in the middle? CNN Money says the middle class “includes everyone but the poorest 20% and the wealthiest 20%.” This sets us roughly between $46,000 - $140,000 per year. This is a huge gap and is why you sometimes hear the terms “upper-middle class” and “lower-middle class.”
What puts so many of us in this …show more content…
These reasons are both statistcal and fact. Many claim that the the class order is just a “state of mind.” Others say it is based off components like social status. But, these are things that don’t necessarily matter. This is mostly because things like lifestyle, is also based off your income and consumption. In Elizabeth Warren's “The Vanishing Middle Class” she says that “A middle class that is rich with opportunity opens the paths out of poverty.” (Warren, 345) Here, Warren is saying that the stronger our middle class is, the better off our lower class will be. The lower class is dependent on the middle class, and you could arguably say that even the upper class is dependent on the middle class. The middle class is not an opinion based
By default class is based off of income. This is because it decides factors for situations like qualifying for government help. The government can’t just let large percentages of its population fall into poverty and do nothing about it. That is why we have plans put into place to try and prevent this. The middle class naturally is the largest because having too much equality, or separation between the three would lead to obvious problems. But who is in the middle? CNN Money says the middle class “includes everyone but the poorest 20% and the wealthiest 20%.” This sets us roughly between $46,000 - $140,000 per year. This is a huge gap and is why you sometimes hear the terms “upper-middle class” and “lower-middle class.”
What puts so many of us in this …show more content…
These reasons are both statistcal and fact. Many claim that the the class order is just a “state of mind.” Others say it is based off components like social status. But, these are things that don’t necessarily matter. This is mostly because things like lifestyle, is also based off your income and consumption. In Elizabeth Warren's “The Vanishing Middle Class” she says that “A middle class that is rich with opportunity opens the paths out of poverty.” (Warren, 345) Here, Warren is saying that the stronger our middle class is, the better off our lower class will be. The lower class is dependent on the middle class, and you could arguably say that even the upper class is dependent on the middle class. The middle class is not an opinion based