Posted on 09/11/2019 4:02:49 PM PDT by 2ndDivisionVet
If Steve Bannon/The Epoch Times is to believed, China is very close to collapse and this is giving them breathing room.
https://www.youtube.com/watch?v=qH5QzuzD01A
I hate to admit it but I agree with George Soros, Trump should stick to his guns.
If you say you need $350k to live a ‘middle class lifestyle’ and median income is $60k it is not a middle class society. It is third world with rich and poor.
Half of the workers in America make less than $30,000 a year.
Actually the $350k number is likely on the low side as you also have to find a way to privately educate your kids if you live in one of those hell-holes. So maybe $500k before taxes makes more sense.
There are only so many jobs at Goldman Sachs.
“There are only so many jobs at Goldman Sachs.”
True. The ‘other people’ typically get either high-paying government jobs, or a free ride on expenses (particularly housing) in those cities.
My daughter and her family live in a double wide. When you get inside she has painted and decorated it to where you totally forget what it is. The fireplace is extraordinary. The master bedroom has a canopy over the bed and it’s bathroom has been transformed into a work of art. complete with skylight. I have been in very few houses that outshine her “trailer trash” digs.
So the situation is even worse.
I don’t doubt it.
Looking at that budget, the author makes a LOT of high-dollar value assumptions about how ‘everyone’ lives, and what ‘everyone’ spends their money on.
Maybe he’s mistaking middle class for upper-middle class.
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