Who Is Middle Class, Anyway?

One of the big political winners this week in Washington was the “middle class.”

President Barack Obama mentioned that important group of voters eight times in his State of the Union address and announced new programs aimed at helping them. Not to be outdone, Sen. Marco Rubio uttered the magic words 16 times in his rebuttal.

But all the odes to middle-class Americans working middle-class jobs, misses one big point: What exactly is “middle class” in America in 2013? That’s not an easy question to answer. [cont.]

Dante Chinni, Wall Street Journal