Originally Posted By wahooskipper I hate to agree with 182 but if Pass's quote is accurate then it appears to me that the $200k-$250k..."and less" was an error in syntax that is now being manipulated. I haven't seen it yet so I reserve final judgment.
Originally Posted By Dabob2 There's no out of context that I can say. He's saying "middle income" is 200K to 250K, or less - in other words anything up to 250K. Anyone who thinks a salary of, say, $235K a year is "middle income" is not living in the America most of us live in.
Originally Posted By DyGDisney So...Donny, do you consider $200,000 to $250,000 middle class, even if he adds the "and less"? The average income in this country depends on where you live, but is around $40,000 to $50,000 for a single income household. I don't know anyone who would consider $200,000 middle class...except Mitt Romney (and maybe Donald Trump).
Originally Posted By hopemax > I hate to agree with 182 but if Pass's quote is accurate < I actually have to agree as well. It looks like Romney flubbed where he wanted to put the upper boundary 250K or 200K not that that was his range.
Originally Posted By hopemax > Anyone who thinks a salary of, say, $235K a year is "middle income" is not living in the America most of us live in. < While this is technically true, anytime someone starts talking accurately on what is middle income, the people from NYC, DC, Chicago, SF, and LA start screaming their heads off. They represent a lot of votes, so politicians from both sides of the aisle play the $250K a year card. I'm not going to jump on Romney for that one, while there is so much else low hanging fruit.
Originally Posted By andyll Median income is 50K. Even the most broadest definition of middle class, 50% of the population, puts the upper range at around 110,000. In 2010 if you made over 180K you were in the top 5% of the income percentile. Anyone that thinks 200-250K is part of the middle class is an imbecile.
Originally Posted By Dabob2 <While this is technically true, anytime someone starts talking accurately on what is middle income, the people from NYC, DC, Chicago, SF, and LA start screaming their heads off. > I live in NYC. Yes, you need more to live here than you do in Wichita. But not THAT much more. What andyll said is correct.
Originally Posted By WilliamK99 Anyone that thinks 200-250K is part of the middle class is an imbecile.<< Upper middle class, but still middle class... So I guess I am an imbecile...
Originally Posted By hopemax <a href="http://economix.blogs.nytimes.com/2012/09/14/defining-middle-class/" target="_blank">http://economix.blogs.nytimes....e-class/</a>
Originally Posted By WilliamK99 What I think it funny is President Obama uses same threshold when speaking about taxes for middle class, yet Romney is being criticized for it. So I guess the President is an imbecile too?
Originally Posted By hopemax > Upper middle class, but still middle class... So I guess I am an imbecile...> Let's rephrase. William, do think someone with earnings just above the 96th percentile is middle income? Because that's what 250K represents.
Originally Posted By Dabob2 Obama has said he wants to raise taxes on people making over $250K. He never said he thought 200K to 250K was "middle income." Look at the question again: GEORGE STEPHANOPOULOS: Is $100,000 middle income? MITT ROMNEY: No, middle income is $200,000 to $250,000 and less. According to Romney, $235K or $240K a year is "middle income." Obama never said that. Nor would he be so tone deaf as to do so, IMO.
Originally Posted By andyll <<Anyone that thinks 200-250K is part of the middle class is an imbecile.<< Upper middle class, but still middle class... So I guess I am an imbecile...>> So you are saying that the middle class makes up 98% of the population. 1% rich, 1% poor and 98% middle class? The median income for NY (state) is 55K... higher but still 1/5 of what Romney considers middle class. Manhatten has a median income of ~65K... 1/4 of what Romney considers middle class. The USA city with the highest meadian income was only 248K in 2009. <a href="http://www.city-data.com/top2.html" target="_blank">http://www.city-data.com/top2.html</a> NY median income <a href="http://www.city-data.com/top2.html" target="_blank">http://www.city-data.com/top2.html</a>
Originally Posted By Kar2oonMan >>MITT ROMNEY: No, middle income is $200,000 to $250,000 and less.<< He calls it that because that's what he brings in on a typical Wednesday, middle of the week income.
Originally Posted By WilliamK99 Nowadays a quarter million isn't much... You can't really consider than upper class... I look at it this way < 40,000 lower class 40,000 to 250,000 middle class over 250,000 upper class
Originally Posted By Dabob2 If $250K is the 96th percentile then yeah... it's not middle class, it's upper class. As Bill Clinton said... arithmetic.
