Rich (Now with the Upper Middle Class)
Join Date: Aug 2005
Posts: 21,907
Hold the phone, Batman. We can poopoo the poors in here, but don't start talking **** about the entrenched middle class.
Join Date: Apr 2004
Posts: 58,097
Max you not knowing what you're talking about does not imply that someone else is "just kinda making up" the context that it appears literally everyone else is aware of.
"I don't understand why this article is bad"
People explain it to Max as if he was a child
"You're making all of that up, I don't understand why this article is bad"
LOL man somebody hit a ****ing nerve calling $120k upper middle class, huh?
Join Date: Sep 2009
Posts: 29,257
Quote:
The census numbers on what American families made last year are as mediocre as they are predictable. We now know that if your household brought in $51,939 in income last year, you were right at the 50th percentile, with half of households doing better and half doing worse. In inflation-adjusted terms, that is up a mere 0.3 percent from 2012. If you’re counting, that’s an extra $180 in annual real income for a middle-income American family.
....
This simple fact may be the most important thing to understand about today’s economy: Around 1999, growth in the United States economy stopped translating to growth in middle-class incomes. In the last 15 years, median income has been more or less flat while there was far sharper growth in, for example, per capita gross domestic product.
http://www.nytimes.com/2014/09/17/up...abt=0002&abg=0
