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My issue with statements like this is that there is no such thing as the "middle class". It's a political concept, not an economic one. It has no definition. Fu
by missedthecue 7y ago
My issue with statements like this is that there is no such thing as the "middle class". It's a political concept, not an economic one. It has no definition. Furthermore, if you try to define it the way is usually defined - as the people making between x% of the median - it is mathematically impossible for it to shrink so long as the population continues to grow.
- cbnotfromthere 7y agothere is no such thing as the "middle class". It's a political concept, not an economic one. It is absolutely an economic concept. It has no definition. It absolutely has a definition - a very clear one: the middle class contains anyone who repeatedly ends up every month with disposable money after all their expenses are paid. Furthermore, if you try to define it the way is usually defined - as the people making between x% of the median Nobody except yourself defines middle class they way you claim. https://yourlogicalfallacyis.com/strawman https://yourlogicalfallacyis.com/strawman