From new york city. Just some of the fairs and festivals this fall on cspan2s booktv. I think we have a lot of misconceptions about the middle class. Im not going to go through all of them, but one of them is that we think the middle class is based on income, and that aint true. And one of the ways we know it isnt true is because at least since 2008 a lot of people who earned a lot of income found themselves in the dumps. And that was, that took place for 15 years during the before and during the depression so that in 1938 a writer named louis corey wrote a book called the crisis of the middle class, 1938, and it became a bestseller for about three weeks. But it was, it was on the list. And the thing thats interesting about it is that corey had a definition which i still, i think still works, and im going to say it. The middle class are people who either have an independent, professional or property basis to the economy. Thats one definition of the middle class. Theres also a second de
Took place 15 years before and during the depression so that a 1938 a writer named louis corey wrote a book called the crisis of the middle class, 1938, it became a bestseller for about three weeks, but it was on the list and the thing that is interesting about it is that corey had a definition which i think still works im going to say, the middle class are people either have an independent professional or property basis to the economy, that is one definition of middleclass, theres also a second definition which is less understood which is a cultural middleclass, we have a cultural middleclass in the United States and that cultural middleclass are people who actually go to the operating go to concerts, they are interested in literature, interested in reviewing books and so on. They are not the same people always but generally speaking they coincide now the only group of salary people who are genuinely of the middle class are the managers. Plumbers who may make more than managers and of