I guess one of the things that really bothers me about this country is the way everyone lives the myth. If you ask almost anyone in the USA, they will tell you they are “middle class” or “middle income”. The funny thing about this is the disconnect between what people make and the actual figures that represent “middle income”. I guarantee you that most of the elected officials in Washington think they are “middle income”…I guess this is the real “bubble” mentality of the American Political Class!
Jim Hightower’s Common-Sense Commentaries: “Members try to dismiss the pay hikes as a trivial sum, merely enough to keep them ahead of inflation. Over the eight years of steady raises, however, these cost-of-living ‘adjustments,’ as congress likes to call them, have added a total of $32,000 to their paychecks. That’s more than the annual income of most Americans’ and it further isolates our congress critters from the harsh economic reality being faced today by the great majority of people they supposedly represent. ”