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Wouldn’t the middle class be centered around the median, which would be completely unaffected by extreme outliers (such as the top 5%)?
I agree with the sentiment that the difference between a billion and a million is about a billion and all, and I’m not sure how things are actually defined… But I would think that it would make sense to use median income (instead of mean income) to determine what the “middle” class is precisely to avoid skew from outliers.