upper class – Kruse Kronicle

The Middle Class is Disappearing … Into the Upper Class

Jun 8, 2022

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in Trends: Economic, Weatlh and Income Distribution

U.S. Census Bureau recently released time-series data on household income. All data in the following chart is pegged to 2010 dollars, which is adjusted for inflation – a dollar in 1970 buys the same as a dollar in 2020. The Census Bureau divides the income distribution into nine segments and three broader categories: Poor: $0…

The Middle Class is Disappearing … into the Upper Class.

Jul 19, 2013

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mwkruse

in Trends: Economic, Weatlh and Income Distribution

The poor are getting poorer, and the rich are getting richer is a common meme these days. The middle class is sinking into poverty as the top 1% just gets wealthier. Is that true? Economist Mark Perry posted the graph below last week. It has been creating a buzz. (I included it in last Saturday's…

Household: The Status Game

May 23, 2007

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by

mwkruse

in Culture, Economics, History, Series: Household of God, Sociology, Theology

I wrote about patronage in the previous post. Today I want to look briefly at status and class. Status is a fluid ranking concept allowing movement from one stratum to another. Social class is a more fixed concept that tends to be ascribed to us at birth. In the Roman world of the biblical era,…

Tag: upper class

The Middle Class is Disappearing … Into the Upper Class

The Middle Class is Disappearing … into the Upper Class.

Household: The Status Game