Why The Middle Class Matters in Both the US and China.

The article discusses the reasons why the middle class causes a major problem to the U.S. and China in July 2011. It says that the U.S. needs to focus on stopping the shrinking of its middle class as China tries to grow its middle class. According to the author, the U.S. middle class is disappearing at an alarming rate after the economic crisis in 2008. The increasing concern in China over the expanding gap between the very poor and the very rich is also discussed.