Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
President Obama will be in Southern California today, making an appearance on The Tonight Show before heading south to Camp Pendleton.
The President is on a renewed mission to spotlight economic issues facing the majority of Americans, and part of this campaign focuses on what it means to be middle class in America.
Technically, it means your household income is a little over $50,000. That amount might buy you a lot in the Midwest, but it doesn't amount to much in Holmby Hills or Palos Verdes.
Take Two wanted to find out what it means to be middle class in Los Angeles, so we spoke with Chris Thornberg, an economist and founded of Beacon Economics, a research and consulting firm here in L.A.