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<p>[QUOTE="bahabully, post: 1139603, member: 17555"]I don't define USA middle class that way. I define middle class folks as 'hard workers' who can afford a nice house (nicer than thier middle class parents),,, can afford a couple cars,,, can afford to send thier children to college,,, can afford medical care,, and after working hard for a lifetime, can afford to retire at an age where there exists a bit of healthy life remaining before hitting the nursing home..... good luck with any of those in today's systematic QE, unless those dollars hit your salary in the USA,,,, gooood luck.</p><p> </p><p>Now using your "average working people" as a definition of middle class,,,,, then I guess "middle class" is a dynamic state that can range from improverished (maybe Cambodia as an example) to rich (some oil righ arab states)..... I chose to define middle class based on a classes ability to secure certain somewhat normalized 'things' as above.</p><p> </p><p>....The nuclear industry loves that sliding scale definition of "accident" also........ that way they can describe the current nuclear fallout from the Japan facility as only an middle'ish accident.. no big deal.... be calm... don't panic.... a little radiation "never killed anyone"..... and even in Russia, only 4000 folks got cancer and "3000 of those were cured",, temporily cured that is.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 1139603, member: 17555"]I don't define USA middle class that way. I define middle class folks as 'hard workers' who can afford a nice house (nicer than thier middle class parents),,, can afford a couple cars,,, can afford to send thier children to college,,, can afford medical care,, and after working hard for a lifetime, can afford to retire at an age where there exists a bit of healthy life remaining before hitting the nursing home..... good luck with any of those in today's systematic QE, unless those dollars hit your salary in the USA,,,, gooood luck. Now using your "average working people" as a definition of middle class,,,,, then I guess "middle class" is a dynamic state that can range from improverished (maybe Cambodia as an example) to rich (some oil righ arab states)..... I chose to define middle class based on a classes ability to secure certain somewhat normalized 'things' as above. ....The nuclear industry loves that sliding scale definition of "accident" also........ that way they can describe the current nuclear fallout from the Japan facility as only an middle'ish accident.. no big deal.... be calm... don't panic.... a little radiation "never killed anyone"..... and even in Russia, only 4000 folks got cancer and "3000 of those were cured",, temporily cured that is.[/QUOTE]
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