Sen. Grassley seems to think households making $400,000 a year are 'middle income'

[Yo_Mama_Been_Loggin]

Is it sinking in for Republicans yet just how much they’ve fucked up? In the eyes of millions of Americans, they’re now the party of COVID-19, election theft, voter suppression, sedition, and smaller checks for fewer people.

Meanwhile, Joe Biden is outsmarting them at every turn, having recently brushed back the GOP’s insincere overtures before passing massive COVID-19 relief, which includes direct cash assistance to a vast majority of Americans.

-snip-

So what can Republicans do? Oh, here’s an idea! Pretend that people making more than $400,000 a year are solidly middle class.

Wednesday, GOP Sen. Chuck Grassley sat down with Fox News’ Charles Payne and, well, it was like watching a dude in a headless Grimace costume interview a bucket of lint. In other words, it was as scintillating a conversation as you could reasonably expect from a pair of rudderless conservatives these days.

Link to tweet

https://www.dailykos.com/stories/2021/3/18/2021663/-Sen-Grassley-thinks-households-making-400-000-a-year-are-middle-income?detail=emaildkre

[lagomorph777]

1. Compared to the millions of Roubles he makes, I can see why he feels that way.

[PoindexterOglethorpe]

2. I'm guessing that if you're some kind of millionaire,

you can't begin to imagine how you could scrape by on a mere $400k per year.

[Hugin]

4. It's hard.

But, I'd sure like to try.

Maybe, I can make it work.

[Hugin]

3. I'm trying to think if I've ever even been allowed to enter a place where the middle income was...

$400,000/year?

Nope.

[Diamond_Dog]

5. I laughed out loud

At the author of this article referring to these two as “The Dynamic Duodenum.”

[Hortensis]

6. If they're "middle," what are people who count their wealth in billions?

How about hundreds of millions? The people he works for but are hopelessly out of his reach socioeconomically?

Grassley is a peasant, a hired guy, compared to these new stratospheric classes. With most of his accumulation in his homes, though, and real estate prices in those places now greatly inflated so making it seem like more, he's not, nor has he ever been, what would be considered genuinely wealthy before them.

Well to do, yes, by middle class (i.e., middle working class) standards.

[Bettie]

7. 400k for a household puts you in the top 2%

of all income earners.

Link didn't work....

https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/

https://www.cnbc.com/2020/10/06/biden-defines-400000-a-year-as-wealthy-how-far-it-goes-in-a-city-.html

KEY POINTS
Democratic presidential candidate Joe Biden says his tax hikes would affect only the wealthy.

He defines “wealthy” as those who make more than $400,000 a year.

By national measures, those making $400,000 belong to a rarified group. They represent the top 1.8% of taxpayers, earning about 25% of the nation’s income.

[Midnight Writer]

8. My roommate from college days makes more than 400,000 a year.

I talked to him a while back. I retired from my modest job 13 years ago. I never made more than 50k in a year.

He said he really envies me, he is sick of working and the travel that comes with his job.

I asked him if he was thinking of retiring and he said he can't afford it. He has too many bills to pay.

The mortgage on his summer home in Arizona alone is more than a million dollars. And he has to pay staff to keep the place up even when he is not there.

I love the guy, but I can't muster too much sympathy for his situation here.

[ansible]

9. That's why the republicans are bitching constantly about the stimulus

They're just completely, utterly out of touch with poor people and don't give a single fuck at all.

[Johnny2X2X]

10. Yeah, even in San Fran or NYC $400K is well to do

After taxes you're taking home about $23,000 a month, even if your rent is $10,000 a month, you've got enough left over to live well.

For $10K a month in Manhattan you're getting a huge condo/apartment, like 1600 square feet or bigger, something with 3 bedrooms and 3 baths with amazing views and 12 foot ceilings. If you go up to $13K a month you're getting something ridiculous with marble bathrooms, 2500 square feet, and insane views. And you'd still have $10K a month to live on.

Even in San Francisco, for $10K a month you're talking about one of the nicest apartments in the whole city, something in the top 1% of places to live.

People are so out of touch.

[OnDoutside]

11. Cut and dice it, use it as an ad to mock Republicans for being so out of touch.

[RANDYWILDMAN]

12. This man is soooo out of touch

Iowa median income 61 k

Chuck Grassley net worth about 4 million yearly salary $189k, Pretty much all of his net worth acquired while working for the public good.

$400k is a lot of money, you tool box!