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Redefining the Middle Class: It Isn't What You Earn and Owe, It's What You Own That Generates Income

3-5-2017 < Blacklisted News 46 57 words
 

No wonder the "middle class" has lost political power--it has lost the economic power of the ownership of productive assets. Longtime correspondent Mark G. observed that the key phrase in yesterday's excellent commentary by correspondent Ron G. is property-owning middle class. Mark wrote: "It appears to me that the income bracket method used today isn't very informative."

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