What Does Middle Mean to Most People Today?

The middle class has had a variety of meanings, many of which have n and still are quite contradictory. In india, the middle class is considered to be those who reside in an owner occupied property. Almost no member of today's middle class has near one third of his or her income left for discretionary spending. This group is currently being hammered by something called the middle class squeeze - increases in wages don't keep up with cost of living.