‘Embarrassment of riches’

by July

What the Rich Won’t Tell You

This article touched on a few points relevant to Totebag discussions.  Here’s one.

And, as they try to be “normal,” these wealthy and affluent people deflect the stigma of wealth. If they can see themselves as hard workers and reasonable consumers, they can belong symbolically to the broad and legitimate American “middle,” while remaining materially at the top.

The author suggests that such attitudes deter us from pushing for more income distribution.

Your thoughts?

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The new middle

by Rhode

A Portrait Of America’s Middle Class, By The Numbers

Our favorite topic – what is the middle class…

Do you agree with the numbers?

I found the shape of the middle class by numbers interesting. Who knew Sheboygan had 3.6 million people? But seriously, the more expensive the area, the larger the proportion of lower income (and the lower the median income). The McAllen Texas area is telling – and probably more representative of “middle America” than we on the coasts would like to believe.

How do you think these numbers will shape decisions at the Federal level? When we talk of political candidates talking to the middle class, do we mean middle class by income (like this article), or is it a more “cultural” middle class defined by attributes and values?