Middle class?

One fifth of the U.S. population is unemployed, underemployed or has given up looking for work. One in every nine families can't make minimum credit card payments. Of eight mortgages, one is in default or foreclosure. Over 12% of the people is on food stamps. More than 120,000 families file for bankruptcy every month. The economic crisis has wiped more than $5 trillion from pensions and savings, left family balance sheets upside down, and threatens to put ten million homeowners on the street.

What middle class?