panzerfaust
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Sat Dec-10-11 07:22 AM
Response to Reply #17 |
| 45. The median US home sale price in May 2011 was $166,500 |
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166,500 -150,000 ----------- - 16,500 
This is not paid off, nor does it leave any $$ to buy all the other stuff mentioned.
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| -Most Americans Say $150,000 Annual Income Makes You Rich (also, Walmart heirs $= Bottom 30%) |
onehandle |
Dec-09-11 11:50 AM |
#0 |
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Most americans think "rich" starts... |
FBaggins |
Dec-09-11 11:58 AM |
#1 |
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That sounds like a failure of imagination |
pscot |
Dec-09-11 12:28 PM |
#4 |
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You would be rich with $150,000 almost anywhere outside of |
ThomCat |
Dec-09-11 12:37 PM |
#6 |
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I lived in San Diego |
Beavker |
Dec-09-11 01:01 PM |
#7 |
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Cost of Mercedes S class 90K and up, Bertram 700 roughly 4 million, 2nd |
zogofzorkon |
Dec-09-11 01:03 PM |
#8 |
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I draw a distinction between comfortable and rich. |
Pacifist Patriot |
Dec-09-11 01:23 PM |
#9 |
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Yep... and there's another distinction to be made. |
FBaggins |
Dec-09-11 02:18 PM |
#14 |
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If you are earning more then $157,000 a year you are in the top 9.0% of the population |
happyslug |
Dec-09-11 03:54 PM |
#26 |
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++ |
Samba |
Dec-09-11 06:43 PM |
#29 |
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If you have an income of $150,000, you could save |
JDPriestly |
Dec-10-11 01:24 AM |
#39 |
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"I doubt that a person earning $150,000 would think that he or she was rich." |
boppers |
Dec-10-11 03:58 AM |
#41 |
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Because when most people earn that kind of money, they |
JDPriestly |
Dec-10-11 06:28 PM |
#59 |
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In the DC area, $150,000 joint income is barely middle-class and paying the bills. |
leveymg |
Dec-09-11 03:02 PM |
#20 |
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$1200/mo for groceries? Seriously? Someone needs to go to Aldi |
NickB79 |
Dec-09-11 03:06 PM |
#22 |
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If you are earning more than $150,000, you are in the top 10% of all families |
happyslug |
Dec-09-11 04:06 PM |
#27 |
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$150,000 a year here buys a decent house, 2 reliable cars, college education for 2 kids, puts food |
leveymg |
Dec-09-11 09:56 PM |
#33 |
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The problem is is $150,000 is Petty Bourgeois |
happyslug |
Dec-09-11 10:20 PM |
#35 |
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The PB aren't defined so much by income as by social class and an attitude toward money |
leveymg |
Dec-09-11 10:37 PM |
#36 |
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The Traditional Definition of Middle class is the that group |
happyslug |
Dec-09-11 11:34 PM |
#37 |
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Petit bourgeois? |
ChangoLoa |
Dec-10-11 08:56 AM |
# |
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Petit bourgeois is a Marxist term |
happyslug |
Dec-10-11 01:02 PM |
#56 |
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It's Not the Income Dropping, It's the Expenses Rising |
NashVegas |
Dec-10-11 08:56 AM |
#49 |
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What people look at is NET INCOME. |
happyslug |
Dec-10-11 01:08 PM |
#57 |
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"one week at the beach"? |
boppers |
Dec-10-11 04:05 AM |
#42 |
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It's all relative, but I agree, 150k sounds pretty cushie. |
Shoe Horn |
Dec-09-11 06:28 PM |
#28 |
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You'd Be Doing Damn Well Pretty Much Everywhere |
NashVegas |
Dec-10-11 08:47 AM |
#48 |
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I would be extremely rich with that income. I now live on $8376 and that |
jwirr |
Dec-09-11 01:34 PM |
#10 |
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Most Americans don't understand the difference between income and wealth. |
Xithras |
Dec-09-11 01:41 PM |
#11 |
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Perfect explaination. |
Muskypundit |
Dec-09-11 02:24 PM |
#15 |
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Amen, brother. This is surely why so many pro athletes go broke |
DinahMoeHum |
Dec-10-11 09:59 AM |
#54 |
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You're dead wrong. |
truthisfreedom |
Dec-10-11 02:06 PM |
#58 |
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For most people , $150,000 a year would pay off the mortgage, |
hedgehog |
Dec-09-11 02:37 PM |
#17 |
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What you've described is smack dab in "middle class" |
FBaggins |
Dec-09-11 03:14 PM |
#24 |
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The median US home sale price in May 2011 was $166,500 |
panzerfaust |
Dec-10-11 07:22 AM |
#45 |
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Does |
kcks |
Dec-09-11 12:00 PM |
#2 |
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The polling method indicates it was taken over all 50 states and DC. That's a good sampling overall. |
onehandle |
Dec-09-11 12:03 PM |
#3 |
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Well, Certainly |
RobinA |
Dec-09-11 02:31 PM |
#16 |
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Most americans are clueless or too young to remember the Great Prosperity. |
Warren Stupidity |
Dec-09-11 12:30 PM |
#5 |
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Explain to me again very carefully exactly what essential function the |
coalition_unwilling |
Dec-09-11 01:42 PM |
#12 |
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Why does everyone have to have an "essential function?" |
Dreamer Tatum |
Dec-09-11 02:40 PM |
#18 |
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The crack addicts essential function is to make the crack dealer rich or |
zogofzorkon |
Dec-09-11 02:54 PM |
#19 |
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Because nowhere is it written as a universal law that anyone has |
coalition_unwilling |
Dec-09-11 03:23 PM |
#25 |
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I would posit... |
watajob |
Dec-09-11 01:51 PM |
#13 |
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...I can't even ever imagine making 150K |
SoapBox |
Dec-09-11 03:06 PM |
#21 |
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Can't even imagine that kind of income |
FirstLight |
Dec-09-11 03:14 PM |
#23 |
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Americans don't "get" money. |
Karenina |
Dec-09-11 06:51 PM |
#30 |
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Summary: We have no idea how we are getting screwed |
underpants |
Dec-09-11 07:51 PM |
#31 |
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Still too confusing. |
Samba |
Dec-09-11 07:59 PM |
#32 |
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There are two ways to look at "rich" |
jmowreader |
Dec-09-11 10:15 PM |
#34 |
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I like Chris Rock's distinction between wealthy and rich |
lazarus |
Dec-10-11 01:17 AM |
#38 |
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Perfect summary of post #11 |
saras |
Dec-10-11 11:46 AM |
#55 |
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There's only one way to deal with this... |
Scuba |
Dec-10-11 03:33 AM |
#40 |
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Than most Americans are buffoons |
Ter |
Dec-10-11 04:35 AM |
#43 |
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It is when it is 2-4 times your income |
Nikia |
Dec-10-11 08:22 AM |
#46 |
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So some of the rich bastids see themselves as poor do they |
madokie |
Dec-10-11 05:37 AM |
#44 |
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Unrec - when one tenth of the top one percent controls so many assets - |
TBF |
Dec-10-11 08:38 AM |
#47 |
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That's the stupidest unrec I've ever seen. Here's why. |
GaYellowDawg |
Dec-10-11 09:05 AM |
#50 |
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You evidently didn't read all the threads after it complaining about folks making |
TBF |
Dec-10-11 09:38 AM |
#52 |
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And, beyond your personal insults, |
TBF |
Dec-10-11 09:41 AM |
#53 |
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VERY illuminating article. |
GaYellowDawg |
Dec-10-11 09:10 AM |
#51 |
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More proof of how ignorant Americans are. |
sendero |
Dec-10-11 06:54 PM |
#60 |
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$150,000 is not rich |
harvey007 |
Dec-10-11 07:39 PM |
#61 |
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3 different - overlapping - 1%s |
Samba |
Dec-11-11 02:27 AM |
#62 |
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