PrinceofWands
Lifer
- May 16, 2000
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Originally posted by: spidey07
Originally posted by: dullard
Why is it insane to say a family which is above DOUBLE the median income is on the border of not being middle class? I didn't say $100k is solidly upper class, but it is the cutoff. Also, being in the upper class isn't about money. Upper class is about having power or access to those with power. $100k is where you can just start to afford that access. It doesn't mean that you'll spend the money to gain that access. But you could if you choose.Originally posted by: JD50
You're focusing entirely on statistics and ignoring the real world. Just take a step back for a minute and realize that you are saying that teacher and a cop, relying solely on their income, are upper class rich folks. That is insane.
Again, they will be rich and they can choose to become part of the upper class (Upper class is an attitiude not an income). If they scrimp like they did in school, they could be millionaires by the age of 40. That is certainly borderline rich. It isn't like $100k instantly makes you wealthy, but it is just enough that you can have a big stockpile if you spend it well. That richness of choice is something that a couple each working two jobs and totaling $40k for all jobs combined just doesn't have. Yes, seriously.Just for clarification, are you seriously saying that a 25 year old couple (teacher and a cop both making around $50k) are rich and part of the American upper class? Seriously?
You're absolutely insane. Both people working at a factory or other blue collar/service jobs would bring them close to if not over 100K. 100K income does not get you much of anything but being able to afford the bills, save for retirement and put a roof over your head and provide for kids - that's middle class. In a high cost of living area it's borderline poor.
It just isn't a lot of money anymore.
He's not insane, you're out of touch. 30k a year can do everything you named, EASILY. The VAST percentage of people in America earn that or less.
