Biden: instead of signing pledges to not raise taxes, Republicans should level with the middle class.

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Who, for example, would vote for a home ownership cash subsidy program that subsidizes affluent Americans at a more generous level than it does the middle class?

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The narrative of the left is that unions level the playing field and preserve the middle class.

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While the number of courses has quietly tripled in the last decade to over 600, golf is still very much a minority sport and even though significant growth is expected with the expansion of a middle class predicted to have doubled its 2010 level of 52 million by 2015, the sport is still eye-wateringly expensive.

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Folks, this President is going to level the playing field again and bring the middle class back in the game for a change. (Applause.) He knows how America was built.

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But societies need middle incomes to thrive not a hundred thousand millionaires and 100 million C Class lower middle income workers happy to have a refrigerator and an entry level Volkswagen.

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In the second tier, the hustler class of new-money industrialists produced a first generation of Robber Barons, and then an asymmetric balance of power between bankers and second-generation hustlers who aspired to Robber Baron level fortunes (egged on by Horatio Alger narratives), but ended up as the tame new middle class.

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When you talk of the middle class in the context of a developing economy, you're not talking U.S.-level living standards.

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