Question

In: Economics

Why is it difficult to define the middle class

Why is it difficult to define the middle class

Solutions

Expert Solution

Firstly, it is difficult to maintain the honest categorization of income classes because people consider it quite pompous to report themselves in upper/rich class and similarly very few people like to call themselves as belonging to lower class. Hence naturally most of the demographic is considered in middle class.

According to NY Times journalist David Brooks,

“To be middle class is to have money to spend on non-necessities. But it also involves a shift in values. Middle-class parents have fewer kids but spend more time and money cultivating each one. They often adopt the bourgeois values — emphasizing industry, prudence, ambition, neatness, order, moderation and continual self-improvement. They teach their children to lead different lives from their own, and as Karl Marx was among the first to observe, unleash a relentless spirit of improvement and openness that alters every ancient institution.”

However this single definition which is common among general consensus one definition does little to help the Congress with tax reform.


Related Solutions

Middle adulthood is difficult to define in terms of generalities, since there are so many variations...
Middle adulthood is difficult to define in terms of generalities, since there are so many variations in attitudes and behaviors leading up to this point. Most individuals who reach Middle Adulthood have made consistent lifestyle choices in their early adult years that have dictated their current state of being and if negative (smoking, drinking, over-eating, lack of exercise, etc…) often feel as if they don’t have much freedom to significantly change their lives. It usually takes a major health issue...
Middle adulthood is difficult to define in terms of generalities, since there are so many variations...
Middle adulthood is difficult to define in terms of generalities, since there are so many variations in attitudes and behaviors leading up to this point. Most individuals who reach Middle Adulthood have made consistent lifestyle choices in their early adult years that have dictated their current state of being and if negative (smoking, drinking, over-eating, lack of exercise, etc…) often feel as if they don’t have much freedom to significantly change their lives. It usually takes a major health issue...
{flow of funds} Why is the development of a middle class a precondition for the development...
{flow of funds} Why is the development of a middle class a precondition for the development of medical insurance? Why is insurance necessary for the development of a modern, high-technology medical care system?
Why is it difficult to define the term NGO? (Non Governmental Organization)
Why is it difficult to define the term NGO? (Non Governmental Organization)
Why are public relations so difficult to define? How would you define it based on what...
Why are public relations so difficult to define? How would you define it based on what you know? Answer must be 20 lines.
(12.1) Why is it difficult to define boundaries between normality and psychopathology in the area of...
(12.1) Why is it difficult to define boundaries between normality and psychopathology in the area of variant sexuality? This is a very interesting question given the changes in peoples points of view over the past 20 -30 years. 20 years ago homosexuality was considered a disorder - so was transgender. Today we see it differently. Given these social changes in attitudes and ideas what then is psychopathology in sexuality?
Why is the term terrorism difficult to define? Are the various definitions based on the evolution...
Why is the term terrorism difficult to define? Are the various definitions based on the evolution of terrorism? What is the FBI’s definition of terrorism? What is the U.S. Department of State’s definition of terrorism? Discuss the differences between random terror and mass terror.
What are the main reasons for the rapid expansion of the Asian middle class? Why did...
What are the main reasons for the rapid expansion of the Asian middle class? Why did Asia attract large capital inflows during the early-mid 1990s? Explain the impact on asset markets.
The Shrinking American Middle Class – Discussion.
The Shrinking American Middle Class – Discussion.
4. Why is it so difficult to define full employment? What unemployment rate should the government...
4. Why is it so difficult to define full employment? What unemployment rate should the government be shooting for today? During the pandemic.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT