American Middle Class Research Paper

Contrary to the upper class, the middle class retains an opportunity for growth and therefore believes in the American Dream. However, their dreams shy away from the common view of the American Dream and instead revolve around their values and wants. Primarily, the middle class is defined as having an income between $46,960 and $140,900, although the economic boundaries that make up the middle class constantly varies (Luhby). Besides income, the middle class also can be identified by occupation, net worth, or education, but every middle class citizen, no matter how they are identified, experience similar circumstances (Elkins). The majority of the middle class yearn to have a nice home and secure job, along with extra money to enjoy their interests and hobbies. In addition, they strive to set aside savings for their children’s transition into the working world or future education. Although the middle class has more opportunities than lower class citizens, they still encounter their own struggles. For many middle class families, hard times come and go while they try to maintain a comfortable living situation. Money for them does not come as easily as it does for the upper class, who typically have enough to constantly feel stable. Nonetheless, the middle class obtains enough to live more

In other words, America has a widening gap between its wealthy and poor. As the rich get richer and the poor get poorer, there is a problem emerging: the disappearance of the middle class. Low-wage workers continue to fall behind those who make higher wages, and this only widens the gap between the two. There has been an economic boom in the United States, which has made the country more prosperous than it has ever been. That prosperity does not reach all people; it seems to only favor the rich. Rising economic segregation has taken away many opportunities for the poor to rise in America today. The poor may find that the economic boom has increased their income; however, as their income increase so does the prices they must for their living expenses (Dreier, Mollenkopf, & Swanstrom 19).

The media especially enjoys reducing the severity of the class disparity by pushing the idea that the majority falls within the middle class. Not only does entertainment follow a typical middle-class protagonists format but the news also allots middle class politics the most screen time. However, the middle class is actually shrinking indefinitely but this rising development continues to be ignored.

In Edward McClelland’s essay “RIP, the Middle Class: 1946-2013,” McClelland discusses to his audience that the middle class is slowly vanishing and soon enough we will only be left with the rich and the poor. Throughout the essay, McClelland uses various examples to demonstrate how the middle class will no longer exist. McClelland talks about how education is vital for pursuing a job at a reasonable pay that a person can live off of. Before, people were able to leave high school and go straight into a job with a pay that could support them. Nowadays, the same jobs that were supporting people before require a lot more education and still aren’t giving enough money that will allow them to live comfortably. Even though there are still jobs people can thrive at that will make more money without a serious education , the middle class is struggling to make it economically, because it is harder to find a job without education and financially it’s harder to make ends meet.

Nowadays, the middle class is shrinking, while majority of people are either moving into the lower or upper classes. This is due to the major economic and policy changes that have occurred throughout the past thirty years. Based on the Basic Economy Security Tables, one in four full-time working-age adults are not earning enough income to meet economic needs for themselves or their families. This is a serious problem in America today, the fact that the median income today is six hundred dollars less than it was in 1989 is proof of this epidemic. It is much harder now, than ever, to work your way into the middle class, much less stay there. The percentage income growth since 1967 for the top 5 percent of earners is 88%, top 20 percent of earners grew 70%, and middle-income households only grew 20%. (Camp) In simpler terms, the upper classes income has increased tremendously, while middle-income households have seen very little growth in their income. Since the middle class is not receiving any income growth, it is declining and moving towards the lower class. It is not nearly as easy as it was thirty years ago to get a decent job and make

Publisher, Richard V. Reeves, in his online article, "The Dangerous Separation of the American Upper Middle Class," shares how income, education, and political power has caused a split in the upper middle class. Reeves 's purpose is to convey the idea that the upper middle class has shifted from being a sociological curiosity to an economic and political problem. Reeves outlines how the upper middle class that was once considered an accessible hope or American dream, is now a blockade and an obstacle for others. He adopts a rational and analytical tone to appeal to the reader 's sense of reason. Reeves cites convincing facts and

The article I found describes the issue that the middle class in America is no longer the world’s richest, and compares this issue with other advanced countries. It states that in recent years, middle class families in America were receiving meager raised income than counterparts were around the world, and most of American families were receiving unequally income. Those income data were analyzed by LIS, a group that maintains the Luxembourg Income Study Databases, and by The Upshot, a New York Times website covering policy and politics, and also reviewed by outside-academic economists. The United States used to be a leader of after-tax middle-class income country among all the developed states, but now the other countries,

Elizabeth Warren’s The Vanishing Middle Class is about what exactly the middle class is and why the decline of this social class isn’t being brought to attention. I believe and agree that she answered this question with flying colors, providing all the factual information to clarify all her claims shown. As Warren states (as well as shows through a graph on another page) how inflated the pay of a single male full-time employer has become decades since the 70’s, compared to those married couples’ who’s have sky rocketed rather than flat-lined. This has

The success of the up-and-coming middle-class made America the place many dreamed to be. It is this similar type of journey of America’s riches to rags history that one will come to recognize has occurred many times throughout the nation. In “RIP The Middle Class-1946-2013”

In the reading of Middle Class Shrinks Further as More Fall Out Instead of Climbing Up, it is very true about the findings about the middle class. Honestly, 35,000 to 100,000 in today’s money are a huge gap differences. This is where now they started calling some individuals upper middle class. The article also, does a great job talking about Social Security. When was brings in Social Security, can a individual who was making 700 every week at Shoprite (which is middle class), at age 64, then retire a 66, and collect Social Security, and only get a paycheck for 600 every week, did they just get moved to lower class? In the reading The Shrinking American Middle Class says age is a big factor, as well as race, family status, and education.

Pew Research Center’s new analysis shows that the American middle class lost ground in the vast majority of metropolitan areas from 2000 to 2014, and the shares of adults in the lower- and upper-income ranks rose in most areas. There was more movement into the upper-income tier in about half the areas, while in the other half there was more movement downward (May 11, 2016)

In Robert Reich documentary “Inequality for All” he makes a compelling discussion about the serious crises that the United States faces due the widening economic gap. He looks to raise awareness of the U.S. economic gap between the rich and poor. According to Reich the widening divide in America is real and growing. Income levels at the middle and labor class is stagnant and are at it’s lowest levels compared to upper class incomes since the beginning of WWII and is growing wider each year. Reich suggests that the economy runs more smoothly when the middle class has jobs with fair wages, when unions are strong, and when middle class workers have some extra money to spend if possible when the government uses the tax policy properly and when it raises the minimum wage regularly to control the income gap between labor and management. In other words Reich argues that economically healthy middle and labor class equality is the foundation of a thriving economy and is necessary to maintaining a sound national infrastructure and educational system within

This “middle-class nation” is struggling to support all those who live in its borders and the misconceptions about wealth are vastly overrated. Furthermore, the idea of wealth and stability is incorrect, and there is a very sharp contrast between the rich and poor in the country. As the richest twenty percent of American hold ninety percent of the total household of the total household wealth in the country, those at the bottom have managed very poorly and suffer to get through the days.

It is true what Robert Reich stated about needing a strong middle class because the economy cannot simply grow without one long-term. The United States should focus on rebuilding a vibrant and wealthy middle class, by creating equality. When the middle-class citizens feel equal and content, they tend to take more action by participating in rebuilding the economy because they have more money to spend. Secondly, the government should strive to make the poorest just wealthy enough to be in the middle-class, because acquiring a great amount of poverty can cause more debt in the long run, and create even more social inequality, therefore causing the gamelan to be much more difficult to have a strong vibrant, and socio-economic class.

When reading Middle Class Shrinks Further as More Fall Out Instead of Climbing Up by the New York times, I could see their opinion, yet Obama state one part that support my thoughts of why middle class remained stable, and also having broken off the upper tiers of middle class, creating the new upper-middle class. President Obama stated, “Reviving the middle class, offering a raft of proposals squarely aimed at concerns like paying for a college education, taking parental leave, affording child care and buying a home.” The middle class society remains stable, but the items around them became more expensive. In 1975, Ford Mustang cost $3,620, (Vaughan,2008) and then I remember my sister buying a GT in 1996 costing around $10,000. Now 20 years