blackangst1
Lifer
- Feb 23, 2005
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Originally posted by: ebaycj
Originally posted by: blackangst1
Originally posted by: m1ldslide1
Originally posted by: blackangst1
Originally posted by: bamacre
My question to those who think they have a solution to the problem of a shrinking middle class is, why exactly is the middle class shrinking?
A number of reasons. More people are falling into the poverty class and more people are falling into the "rich" class. Although it isnt really defined, I think most can presume middle class to be somewhere around $24k-$75k/yr.
I couldn't disagree more. $75k/year per family is going to be lower class in most urban areas of the country; $75k per working parent will allow you to purchase a shitty home in a shitty neighborhood in most urban areas. If you consider this to be upper class then you are insane, if you consider it to be upper middle class then you are delusional.
Have you ever driven through Boston or New York or San Francisco? Do you have any idea how much one of those modest homes costs? Do you think that if you can drop $2 million on a 1000 square foot place in Manhattan that it makes you upper class? Think again. The bar is steadily rising, and always has been. If you think for a minute that the bar is lowering to include more people, or that a greater percentage of people are simply rising above a static marker due to their capitalistic ingenuity then you are mistaken.
I couldnt agree more. to add to your example, $75k in Jenks, OK is rich. Get it? Its subjective. I never claimed it was universal.![]()
Ahh.. You're from OK.
That explains SO MUCH.
BBZZZ wrong. Try again