The Three Types of Middle Class

Politicians, policy makers, and journalists all talk about the middle class and how well they are doing economically speaking. Middle-class voters make up the bulk of the voting population so it makes political sense to court them. But what exactly does middle class mean today? Who is considered middle class and what makes them middle class?In this 23-minute discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern discuss three buckets of economic citizens: renters, homeowners with no mortgage, and homeowners with large mortgages - and how different their economic lives really are.Hosted by Mike Moffatt  & Cara SternProduced by Meredith MartinThis podcast is funded by the Neptis Foundation Hosted by Mike Moffatt & Cara Stern & Sabrina MaddeauxProduced by Meredith MartinFunded by the Neptis Foundation https://neptis.org/