Rich (Now with the Upper Middle Class) - Page 44 - Politics and Economics

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Rich (Now with the Upper Middle Class)

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02-17-2011 , 08:12 PM

#1076

flytrap

Carpal \'Tunnel

Join Date: Apr 2004 Posts: 10,918

It depends on perspective. I think $250k/year is rich. Heck $25k/year would be filthy rich by world standards.

02-17-2011 , 08:16 PM

#1077

pvn

Guest

Posts: n/a

Quote:

Originally Posted by flytrap

It depends on perspective. I think $250k/year is rich. Heck $25k/year would be filthy rich by world standards.

02-17-2011 , 08:45 PM

#1078

BigSoonerFan

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 11,214

Okay, Campers, rise and shine, and don't forget your booties, 'cause it's cold outside!

02-18-2011 , 01:22 AM

#1079

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

I love how mikeinyonker morphs more and more into a talking point the more he posts.

02-18-2011 , 04:55 PM

#1080

BigSoonerFan

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 11,214

In the midwest (where I live now), I think 250k is rich (although bottom-end, not wealthy as mentioned above). I'm not so sure about New York, San Francisco, Boston, DC, LA, etc, where the average new home costs 2 or 3 times more than here, and the cost of living in general is up to twice as much. .

02-18-2011 , 05:08 PM

#1081

MrWookie

Don't Call Me Meredith

Join Date: Feb 2005 Posts: 94,159

Has this thread been killed with fire yet?

02-18-2011 , 05:11 PM

#1082

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

seriously who the **** deleted my funny insult, IT WAS FUNNY

02-20-2011 , 06:11 AM

#1083

JiggsCasey

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 7,275

Quote:

Originally Posted by MrWookie

Has this thread been killed with fire yet?

If you let a thread simmer, and the riffraff disperse, it often gets back on track and fosters productive, cogent debate.

Why are you the kind of mod here who so often enjoys throwing the baby out with the bathwater every time? Does it sprain your eyes, somehow?

There's far too much "silence that thread" sentiment around here. I'll surely say that.

How about gearing down and just deleting a few posts? Not the threads overall.

Stifling the whole thread because of a few tards really exposed the quality of forum moderation. Here, or anywhere.

06-01-2011 , 03:58 PM

#1084

thutter

grinder

Join Date: Mar 2005 Posts: 600

Excuse the bump, but this article was pretty good. USA poor are richer than India's rich

06-01-2011 , 05:54 PM

#1085

mathspazz

journeyman

Join Date: Aug 2004 Posts: 215

Quote:

Originally Posted by thutter

Excuse the bump, but this article was pretty good. USA poor are richer than India's rich

Eh, that's not quite what it's saying.

06-01-2011 , 06:20 PM

#1086

mosdef

Carpal \'Tunnel

Join Date: Jan 2005 Posts: 11,290

Quote:

Originally Posted by mathspazz

Eh, that's not quite what it's saying.

Not quite. There must be a very wide distribution of wealth in India's top 5% for that chart to be accurate.

06-01-2011 , 06:27 PM

#1087

mathspazz

journeyman

Join Date: Aug 2004 Posts: 215

Quote:

Originally Posted by mosdef

Not quite. There must be a very wide distribution of wealth in India's top 5% for that chart to be accurate.

Yeh. I mean, first of all, who uses ventiles?

Secondly, a closer inspection leads to the conclusion that, if you listed each person in each country from richest to poorest, the 285,000,000th person in the US has relatively the same income as the 58,000,000th person in India.

My God, somebody alert the press!

06-01-2011 , 07:29 PM

#1088

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

Quote:

Originally Posted by thutter

Excuse the bump, but this article was pretty good. USA poor are richer than India's rich

Lol

06-01-2011 , 08:41 PM

#1089

grizy

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 20,555

Quote:

Originally Posted by [Phill]

Isnt New Jersey a fraction of the cost to live in and extremely easy to commute to NYC from? Plus i assume you get gardens there, hence the name Garden State.

Extremely easy to commute from is a bit of a stretch. The major transportation hubs are cheaper, but not really "fractions of the cost" to live in. Once you get away from those hubs, we're talking about adding 4 to 5 hours a week to the commute.

There is also value to a NYC address. I find it amusing and somewhat pretentious but there is value.

Probably the most important thing... when you work 60~100 hours a week, saving 5~10 hours from your commute by living pretty much next to where you work has tremendous utility.

06-01-2011 , 08:51 PM

#1090

vhawk01

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 31,866

Quote:

Originally Posted by mathspazz

Ummm....thats actually quite amazing if true, I'm not sure why you are so dismissive of that fact.

06-01-2011 , 10:36 PM

#1091

mathspazz

journeyman

Join Date: Aug 2004 Posts: 215

Quote:

Originally Posted by vhawk01

Ummm....thats actually quite amazing if true, I'm not sure why you are so dismissive of that fact.

If this amazes you, then I guess I don't know what to say.

06-02-2011 , 03:10 AM

#1092

Ahigh

adept

Join Date: Dec 2003 Posts: 913

Not to beat the dead horse, but this report is worth reading. It just quantifies what exactly middle class is in NYC and differences between NYC and the rest of the country.
http://nycfuture.org/content/article...article_type=0

06-03-2011 , 04:29 AM

#1093

Gullanian

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 14,014

$250k is rich I'm lolling hard that people think it isn't.

06-03-2011 , 01:40 PM

#1094

qdmcg

Pooh-Bah

Join Date: Oct 2006 Posts: 4,870

Quote:

Originally Posted by Gullanian

$250k is rich I'm lolling hard that people think it isn't.

This means that we're entitled to more of their money, amirite?

06-03-2011 , 02:27 PM

#1095

grizy

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 20,555

Semantics maybe... but 250k is well off, not rich.

With only 250k, you'll struggle to send two kids to private colleges without making significant personal sacrifices.

You can't even buy "luxury" cars without worrying about what you're giving up.

Also, someone making nearly guaranteed 250k with high level of job/income security is much better off than, say, a poker player making 250k... especially the life fish poker players.

06-03-2011 , 02:43 PM

#1096

A_C_Slater

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 8,343

Quote:

Originally Posted by qdmcg

This means that we're entitled to more of their money, amirite?

It's not their money, it belongs to society. Society allowed them to grow up under the benevolent watchful eye and kept them from being enslaved by generational wealthy peoples. The right thinks the left is just looking for handouts. But someone like Bill Gates benefits massively from having his software running in public schools everywhere so he should pay more in taxes. Yeah that's right bitch, Gates owes the "looters" for his dominant position. Society is allowing him access to lifetime "users" of his product by indoctrinating children to use it. Give to Obama what is Obama's.

06-03-2011 , 04:33 PM

#1097

leavesofliberty

Carpal \'Tunnel

Join Date: Jul 2010 Posts: 6,296

Quote:

Originally Posted by A_C_Slater

It's not their money, it belongs to society. Society allowed them to [diatribe ensues] ...

Who is this society person? I want to see society's birth certificate.

06-03-2011 , 04:37 PM

#1098

A_C_Slater

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 8,343

Get this through your head you Libertarian sociopath. No one anywhere ever accomplished anything on their own due to some superior intellect or work ethic.Every single great accomplishment or accumalation of wealth was acheived by standing on the shoulder's of the previous generation's works.

The tycoon owes his position to the collective aggregate production and innovation of all the people that came before him. The tycoon owes all.

06-03-2011 , 04:45 PM

#1099

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

I'm really happy for your location because I always want to quote you but then I read it.

06-03-2011 , 04:46 PM

#1100

leavesofliberty

Carpal \'Tunnel

Join Date: Jul 2010 Posts: 6,296

Quote:

Originally Posted by A_C_Slater

the point still remains the same. there is no entity "society". there is only you, I and all the rest. scapegoating people who don't believe in your wholistic idiocy doesn't butress your point one iota.

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