What is the point of me telling you all this? Ask people in the middle class if this feels secure or desirable—and although they may claim that they're grateful not to be “poor,” they will likely tell you that they feel more like a member of the working class than the middle class. Consider as well the fact that the dollar is worth less today than it was yesterday and will be worth even less tomorrow. Someone who's making $60,000 a year pays $15,000 in taxes. If that person is lucky, he or she is left with $45,000 a year—which is really worth only $32,000—for a home, schools, insurance, food,
...more