Take a second and ask yourself what your family’s socioeconomic status is. If you’re like the model American, you answered with something ending in “middle class” and chances are that you assigned yourself this identity without directly referencing your family’s annual household income as it compares to the American public.
Tag: minimum wage
Austan Goolsbee is the Robert P. Gwinn Professor of Economics at The University of Chicago’s Booth School of Business and former Chairman of the Council of Economic Advisers.
The Kenyon Observer 