The rise of the global middle class is one of the great economic triumphs of our time, or so we’re told repeatedly. “For the first time, the number of people in the middle class surpasses those living ...
The definition of America’s middle class used to be a lot clearer than it is today — thanks to the changes of inflation and cost of living. According to data from Pew Research Center, the country’s ...
Three things are certain in life: death, taxes, and class definitions. Every class action complaint contains a proposed class definition. It is an indispensable piece of the landscape, just like the ...
Over the last decade, the household income needed to be a part of the middle class has increased significantly. In 2012, a household income of $35,364 qualified you as a member of the middle class in ...