Are you middle class? A decade ago, that question was of greatest interest to sociologists – or snobs. Now it is political dynamite.
Last month the Pew Research Center released a survey which showed that the proportion of Americans who consider themselves “middle class” has been shrinking sharply, as median incomes have stalled. Back in 2008, or just as the financial crisis hit, the ratio apparently stood at 53 per cent. Now it is just 44 per cent.
And that is not because Americans are rising in self-confidence: just 15 per cent define themselves as upper class, down from 21 per cent in 2008. The real problem is that two-thirds of Americans think (quite correctly) that the gap between rich and poor is widening – and that they themselves are sinking: 40 per cent of people now define themselves as lower class, compared with 25 per cent previously.
This is startling. It helps to explain why the phrase “middle class” is now creating such political anxiety. When Barack Obama presented his recent State of the Union address, for example, he billed it as “a set of concrete, practical proposals to speed up growth, strengthen the middle class, and build new ladders of opportunity into the middle class”. And it is not just an American problem. In the UK, David Cameron keeps tossing the “m” word around, following in the wake of Ed Miliband, who recently insisted: “I know our country cannot succeed and become collectively better off without a strong and vibrant middle class . . . [we must] rebuild our middle class.”