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Are You in the Middle Class

Races for the Senate, U.S. House, etc. and other issues of national importance.

Re: Are You in the Middle Class

Postby Henry Vilas » Fri Sep 14, 2012 3:32 pm

Meade wrote:
Obama also has set his definition for ‘‘middle class’’ as families with income of up to $250,000 a year. ... story.html

You're critical of Romney (who you call "Mittens") for saying essentially the same thing Obama said. Why no criticism of Obama?

Yet you have argued that those earning over a quarter million a year are part of the middle class.
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Re: Are You in the Middle Class

Postby jman111 » Fri Sep 14, 2012 3:42 pm

Isn't it more complicated than simply defining income brackets?

Cost of living surely plays a role, too. While 200 grand may put you near the top in Podunk, WI, not so much in the big city.
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Re: Are You in the Middle Class

Postby massimo » Fri Sep 14, 2012 3:52 pm

Beyond shorthand for defining income brackets and playing political games, I find the terms meaningless. I do know several people above the quarter million mark, and a number of them are living paycheck-to-paycheck because of their appalling spending/saving habits. I know many more people with a fraction of the income who own homes outright and buy cars in cash because they're not idiots with their money.

I tend to consider "upper class" those who were born into money and have never had to worry about it, or people who made a shit-ton and currently don't have to worry.

I think I would consider people in the $200-$250k range middle class, if they grew up as I did in not-poor-but-not-well-off families and are responsible with their good fortune. They may retire a hell of a lot earlier than someone making $50k, but their lifestyles are comparable.

The terms "middle class" and "upper class" represent an attitude to me, and are useless when discussing income levels. Is "lower class" used by anyone other than those in the higher classes to define/denigrate the poor?
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Re: Are You in the Middle Class

Postby Francis Di Domizio » Fri Sep 14, 2012 4:08 pm

Bland wrote:There are more divisions. Appending upper, lower and middle to each class is extremely common. So that's 9. How many more do we need?

Of course the terms exist, but can you define the cutoff between middle middle class and upper middle class? How low does your income have to be to reach lower lower class?

I think Sno is on to something by breaking it into 5 strata (plus the 1%), but I'm not sure that an even distribution works. Jman is right in that cost of living also plays a part in the equation, and ultimately it isn't so much what your income is, as how well you can meet your needs(and wants).
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Re: Are You in the Middle Class

Postby Stebben84 » Fri Sep 14, 2012 6:20 pm

This thread has shown again how out of touch Romney is. I posted this info hot headedly, and realized it is indeed more complicated. I still don't think $250 should be considered middle class, but many folks here have pointed out that there is so much more involved to determine certain factors. People thought it out and gave sincere responses(except Meade. He just hates Obama. Nothing to do with the topic of course)

Romney on the other had, when asked if 100k was middle class, said nope, 200-250k or less is. Blam. You see Mitt, it IS more complicated than numbers and had you explained that, or qualified your numbers strictly on the basis of taxes, then I would feel differently. It was a direct question posed to him about the middle class and not some sound bite revenue based algorithm.
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Re: Are You in the Middle Class

Postby david cohen » Fri Sep 14, 2012 8:54 pm

Just remember, upper class in Madison might be middle class in Manhattan. Or LA. Or SF. Or DC......
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Re: Are You in the Middle Class

Postby Stebben84 » Fri Sep 14, 2012 9:41 pm

It's a good point, but according to the average salary in NY city is about 50k.
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Re: Are You in the Middle Class

Postby Madsci » Fri Sep 14, 2012 9:47 pm

Yes, I have been in the middle class most of my life. There was a decade or so of surviving poverty as a young adult. But within a few years of finally getting my BS from UW, I was able to live above the poverty line. This raise above the poverty line means that I made more money than the very basic necessities, rent, food, utilities, and items to keep clean.

Now, I would guess that I am upper middle class. My husband says we are rich. Which compared to most people in the world, we are. Our combined income last year was about $125,000. The more money we make, the more we donate to social causes. Does that make us socialists?

Which reminds me, it's the time of year to write my donation checks. Even though the drought has cut into our output on our farm, we are fortunate that my husband has a good job off the farm.
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