What constitutes a middle class family?

For the nation as a whole, what are the dangers of a shrinking middle class?

Can someone help PLEASE!!!!!!!

2 answers

In America, classes are ill defined, and frankly, no one agrees.

http://en.wikipedia.org/wiki/American_middle_class
Be sure to read that article carefully, especially the section on the working class.

Take a look at that pie chart, too -- and figure out who pays the most taxes. If the middle class shrinks, two things come to my mind:

1. There are more people below the poverty level.
and
2. There are fewer people paying the vast majority of taxes in the country.