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vi5

(13,305 posts)

5. What these debates choose not to recognize...

Wed Jul 11, 2012, 10:03 AM

Jul 2012

Is that regardless of what "class" someone making $250K is considered, the fact is that someone with that income, even with a family has a lot more choices in their life than someone making $50K-75K.

Yes, they might not have much money left over if they choose to work in and live in Manhattan. But again....choice. I know plenty of people that live in Manhattan and commute from more suburban, less expensive parts of NY/CT/NJ. Or they choose to live in smaller, more modest apartments. Or they choose to not send their kid to private school. Or they choose to have or not have a care living in the city.

The fact is taht someone making $50-75K with a family has a lot fewer choices at their disposal.

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When 50% of the country is making $250 grand a year I will consider that middle class [View all] NNN0LHI Jul 2012 OP

Your definition would be described as "novel" by polite economists slackmaster Jul 2012 #1

What I wonder about that debate on here.... vi5 Jul 2012 #2

Shit, some of the Southern and border-state Dems are holding out for coalition_unwilling Jul 2012 #4

Yes there are people who believe that taught_me_patience Jul 2012 #9

I live in the NY Metro area... vi5 Jul 2012 #11

Thanks for the reply taught_me_patience Jul 2012 #15

See I think the last paragraph says it all.. vi5 Jul 2012 #16

Eminently. I think the median national income right now is about $50K (meaning, that coalition_unwilling Jul 2012 #3

What these debates choose not to recognize... vi5 Jul 2012 #5

Excellent points. As the band Timbuk 3 put it so coalition_unwilling Jul 2012 #6

Sounds fair to me. ananda Jul 2012 #7

when 50% of the country is making 250K a F150 will be running $89,000 for a base model snooper2 Jul 2012 #8

Household or individual? Igel Jul 2012 #10

I don't think you should be that hung up on this subject Johonny Jul 2012 #12

I am stunned that people in leadership positions are that clueless... bvar22 Jul 2012 #13

Add to that the FACT that you have to MAKE closer to $500K in order to have $250K in TAXABLE INCOME, Lionessa Jul 2012 #14

Census found that less than 4% of households make over $200,000 AJTheMan Jul 2012 #17