Wikipedia entry
According to NCAER, India's middle class population would be 267 million in 2016. Further ahead, by 2025-26 the number of middle class households in India is likely to more than double from the 2015-16 levels to 113.8 million households or 547 million individuals.
at the same time: A new survey by Northwestern Mutual found that 70 percent of Americans consider themselves middle class. However a 2015 report from Pew Research Center shows that the middle class has been shrinking over the past four decades and now makes up only 50 percent of the United States' total population, or about 160 Million.
Maybe we are backing the right horses after all
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