Squeezed middle? The 1%? Who are they?

Updated
Occupy Wall Street
Occupy Wall Street

AFP/Getty Images

"We are the 99%" was the rallying cry of the Occupy Wall Street movement, which pitched its tents in the heart of Manhattan in September but has since been unceremoniously evicted. (They returned for a Thanksgiving feast last week.) So who are the 1%?

And while we're at it, who are the mysterious squeezed middle so often evoked by Labour leader Ed Miliband? The squeezed middle has just become the Oxford English Dictionary's word of the year (even though it's a phrase).

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