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bhikkhu

(10,730 posts)
100. That is true
Tue Jun 7, 2016, 10:12 PM
Jun 2016

The median income decreased during the recession, so the standard for qualifying as "middle class" also decreased. A middle class individual making the median income in 2010 was worse off than an individual making the median income in 2007. Similarly, when everyone is doing well, it also skews the numbers. If the bulk of the population moves to a higher income the median increases, and people who were formerly middle class might drop to the lower income class, even though their circumstances haven't changed.

But the federal government doesn't use median income statistics to determine poverty levels, nor do most states (as far as I know); they do look at actual costs of living versus income to establish a variety of poverty thresholds for a variety of circumstances.

One good use of the statistical chart for upper, lower and middle classes is to see how income inequality changes over time. Regardless of the position of the middle, the measure of income inequality says a great deal about the amount of opportunity in a society, and how it is composed. From the chart I got the numbers from, the simple statement could be made: while all three classes increased in size over time, the upper and lower classes increased at a greater rate than the middle class. That indicates an increase in income inequality, which changes the character of society in a bad direction.

(on edit: link http://www.pewresearch.org/fact-tank/2015/02/04/americas-middle-holds-its-ground-after-the-great-recession/ , as I didn't post it as the source of data originally)

At least the bison are making a small comeback Warpy Jun 2016 #1
Yeah that and the Taste of Wild Buffalo/Venison dog food. jwirr Jun 2016 #50
The numbers of middle class have steadily increased bhikkhu Jun 2016 #2
50% is greater than 60%? Who knew. truebluegreen Jun 2016 #3
Some people really don't understand statistics, do they? passiveporcupine Jun 2016 #6
It's not just the labels. The 50% who are "middle class" are more squeezed than before Bucky Jun 2016 #35
Bingo, bang on right. n/t geardaddy Jun 2016 #41
I don't see how they think food is costing less arikara Jun 2016 #43
According to the living wage calculator passiveporcupine Jun 2016 #58
Thanks for the link.... llmart Jun 2016 #72
the second chart is annual passiveporcupine Jun 2016 #75
Yes, I see that now..... llmart Jun 2016 #97
welp, according to that we're on the bottom end of the middle class. Phlem Jun 2016 #74
I can't believe that some people are STILL sellling that "recovery" bullshit. bvar22 Jun 2016 #59
thank you passiveporcupine Jun 2016 #60
+10 appalachiablue Jun 2016 #63
LOL.. disillusioned73 Jun 2016 #37
It may be more people, but a smaller percentage MiniMe Jun 2016 #4
Actually, no bhikkhu Jun 2016 #10
"the largest losses in the middle class since 1970 are due to people becoming wealthy" Phlem Jun 2016 #48
It does sound unlikely, but that's what the numbers indicate. bhikkhu Jun 2016 #65
Still trying to sell that garbage huh. Phlem Jun 2016 #67
If you have any other numbers to go on, I'll look at them bhikkhu Jun 2016 #71
And we have no link to look at to dispute your numbers passiveporcupine Jun 2016 #79
Here are the links bhikkhu Jun 2016 #85
So, I saw your links earlier in the thread passiveporcupine Jun 2016 #87
Exactly right bhikkhu Jun 2016 #90
What the hell are you even trying to do here except troll people? passiveporcupine Jun 2016 #91
I started with the simple statement that the number of people in the middle class has been growing bhikkhu Jun 2016 #93
But what you are not getting here is arikara Jun 2016 #95
Yeah, no. Maedhros Jun 2016 #62
So the 46 million on food stamps in America today came from where, exactly? NickB79 Jun 2016 #64
There are 92 million people in the US in the lower income class bhikkhu Jun 2016 #66
Poverty levels are rising in this country, not shrinking. passiveporcupine Jun 2016 #81
There is no doubt that the number of people in lower income households has been rising bhikkhu Jun 2016 #92
LINK PLEASE passiveporcupine Jun 2016 #78
Here are links bhikkhu Jun 2016 #88
Too little too late. Look at my last post. And your links just prove my point. passiveporcupine Jun 2016 #89
It's the percentage, st***d! angstlessk Jun 2016 #8
Numbers increased bhikkhu Jun 2016 #9
So according to you, if 95% of 2,000 purple eyed people die at age 2 years old angstlessk Jun 2016 #13
I would say its good that we have added 30 million or so to the middle class since 1970 bhikkhu Jun 2016 #16
Yes, the wealthy class is growing... passiveporcupine Jun 2016 #80
I have my doubts that many of those that went on OASDI Downwinder Jun 2016 #24
7% up and 4% down actually... whatthehey Jun 2016 #98
That's really kind of sad ornotna Jun 2016 #11
Just a commentary on accuracy. bhikkhu Jun 2016 #12
It's a cartoon ornotna Jun 2016 #14
demographic changes...vietnam is now a labor competitor? THAT demographic change? angstlessk Jun 2016 #15
This message was self-deleted by its author Phlem Jun 2016 #49
And links to actual data are even more whorthwhile. passiveporcupine Jun 2016 #82
And it is a lot worse than you present it. zeemike Jun 2016 #19
Just saying, is correct. Horsebull. appalachiablue Jun 2016 #20
Shrinking as a percentage, growing in numbers as population increases bhikkhu Jun 2016 #22
Show us your accuracy, post the data. appalachiablue Jun 2016 #23
Data is easy bhikkhu Jun 2016 #25
Hillary should put this graph in every economic ad Angel Martin Jun 2016 #28
Yet almost everyone misses that 75% more people moved into the upper class than fell into the lower whatthehey Jun 2016 #47
bhikkhu logic Angel Martin Jun 2016 #26
It's astonishing, pure magic! .... appalachiablue Jun 2016 #27
Again, of course all segments of society will grow as the population grows. passiveporcupine Jun 2016 #84
This should be it's own op.. disillusioned73 Jun 2016 #38
For sure. Already posted in Good Reads but for whatever reason not much traffic. appalachiablue Jun 2016 #39
+1 geardaddy Jun 2016 #42
Middle Class Due to Dual Incomes? TexasMommaWithAHat Jun 2016 #21
Once Middle Class, Millions Are Joining the Ranks of 'Disposable' Americans jtuck004 Jun 2016 #29
Rec- good post thanks. appalachiablue Jun 2016 #40
I don't know where you are getting your data but it's bogus. rhett o rick Jun 2016 #32
Its raw numbers versus percentages bhikkhu Jun 2016 #33
Ah it makes perfect sense now. So if 50% of Americans, about 160 million, are middle class A Simple Game Jun 2016 #36
This is an idiotic post Android3.14 Jun 2016 #34
We are being trolled passiveporcupine Jun 2016 #86
Yup. Android3.14 Jun 2016 #96
Don't know where your numbers are from . . FairWinds Jun 2016 #46
The easiest graphic to find is from the Pew Research Center bhikkhu Jun 2016 #70
this says the middle class is shrinking but you've been stating the middle class is growing passiveporcupine Jun 2016 #83
Glad to see you understand the middle class shrunk due to the wealthy stealing from the working Rex Jun 2016 #56
Jesus h Christ. Are you OK? Doctor_J Jun 2016 #61
Honestly, perhaps I should have kept my mouth shut bhikkhu Jun 2016 #73
Again, without a link your point is mute. passiveporcupine Jun 2016 #77
Well played bhikkhu Jun 2016 #94
You know what? passiveporcupine Jun 2016 #76
While you're talking statistics, let me throw out my own criticism Yupster Jun 2016 #99
That is true bhikkhu Jun 2016 #100
K&R passiveporcupine Jun 2016 #5
Thanks for posting Omaha Steve Jun 2016 #7
Both killed off by greed elmac Jun 2016 #17
Truly a vanishing breed. lpbk2713 Jun 2016 #18
Another label: people who read and think. LuckyLib Jun 2016 #30
And they will be even more reduced RoccoR5955 Jun 2016 #31
Point taken but overgeneralized DissidentVoice Jun 2016 #44
Also "Dittoheads". Spitfire of ATJ Jun 2016 #45
And no pol even mentions the poor anymore. merrily Jun 2016 #51
Alas, I ponder ways to pass on our house to our son. HuckleB Jun 2016 #52
It's working the other way too, people at the end of their lives are having to move in with kids.. Fumesucker Jun 2016 #54
Indeed. I have more than a few friends in that situation. HuckleB Jun 2016 #55
Great cartoon Gothmog Jun 2016 #53
Damn! I almost got it! Norman Conch Quest Jun 2016 #57
perhaps, in five months, this will be more appropo: Gabi Hayes Jun 2016 #68
while we're on the subject Gabi Hayes Jun 2016 #69
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