Still, the middle class may have a better shot at making ends meet than at influencing the Middle Class Task Force. That's because no member of the Middle Class Task Force is actually middle class. While defining America's most beloved demographic group has never been an exact science, most academics agree that the term refers to anyone earning between $30,000 and $100,000 a year. (Median household income in the U.S. hovers around $50,000.) Every member of the President's task force - from Biden ($227,000) to Council of Economic Advisors chair Christina Romer ($172,000) to energy secretary Steven Chu ($191,000) - makes well over $150,000, putting them in the top 5% of wage earners.
TVNL Comment: So what's new? Welcome to America.
The U.S. Justice Department has launched a criminal mortgage fraud probe into Federal Reserve Governor Lisa...
