Biden and McConnell worked it out. They are both colleagues from the Senate with a long history between them. Whatever they wrangled out, passed the Senate in the wee hours of the morning, with only 8 nay notes. Presumably, the middle class won, since taxes won’t be raised on those making less than $450,000 per year.
So what does the middle class mean? Who are they? It seems like EVERYone who makes less than $450K is middle class. What do those making $40k a year have in common with someone make $200k a year? Not much at all. I am not even sure they speak the same language. How about the poor? Where do they fit in to the mix? Have we gotten too delicate to even mention the poor?
Would we be better off if we drew some distinctions about who we are really talking about? What ever happened to the term lower middle class? How about upper middle class? Are these terms simply economic terms or do they imply more? Maybe we should just get rid of the word “class” since it takes on a distinction sort of like crossing the Atlantic in “steerage” and choose some other noun?
Until we as Americans can agree on how we fit into economic niches, it is going to be difficult to clearly represent ourselves. It’s pretty difficult to howl about the middle class when one day it goes from being $0.00 to $250k and the next day it goes from being $0.00 to %450K.
Let’s start working with some real finite figures as we define ourselves and others economically.