Why do we only read of median income and never of mean (average) income? Median family income is around $50K gross? Two adults working full time at $12.20/hour average? That's poverty wages! Rounding off to 10% accuracy to make the division easier . . . In 2007 the GDP (income from all sources) was $14,000,000,000,000 (14 trillion). The population is about 300 million. At 3 people/family, that's 100,000,000 families and an average income of $140,000/family. But the reported median family income is under $50,000/year. Why the big difference? Because the income distribution is not a bell curve. If the top 1% gets around half the income, then the 99%, 100K families are actually splitting half the GNP and the average family income is $70,000, closer but no cigar. The average income for the top 1% is then $7 trillion/1,000,000 families or $7,000,000/year. (Or did I mess up the math?) MY POINT? $50K/year is far from the MIDDLE number between $18K/year ($8/hour) and $7 million/year. THERE IS NO MIDDLE CLASS! There is only poor people and poor people with better jobs.