When Obama's presidential failure meter is charting off the map?
I’d define the middle class from $75K to $400K, with the upper limit very location dependent. Does see how anyone stays afloat these days who makes less than $75K.
WE DO NOT HAVE “CLASSES” OF PEOPLE IN THIS COUNTRY!!!! PERIOD!!!! That only exists in INDIA!!!! Are we now trying to become like INDIA????
Middle class is a pretty subjective term. I’ve known people who made a half million dollars and chose to live in ancient house trailers and dove old beater pickup trucks.
Between $40 and $50 grand for a single person is what I consider to be middle class depending on things like location and lifestyle.
I’m beginning to wonder how Mitt Romney ever even held down a middle class or better job himself given his difficulty in putting a clear sentence together.
Now let’s look at what Romney actually said, in an interview with “GMA” host George Stephanopoulos:
Stephanopoulos: Is $100,000 middle income?
Romney: No, middle income is $200,000 to $250,000 and less.
Peoples leaves out the words “and less,” making it sound as if “$200,000 to $250,000” is the range Romney considers “middle income” when in fact it is the upper limit.
Oh, and how does President Obama answer the question? Peoples again: “President Barack Obama has defined ‘middle class’ as income up to $250,000 a year.”
So Romney’s definition of “middle income” is identical to Obama’s definition of “middle class.” One may quibble over where to draw the line, and we’d question the premises behind the whole line-drawing exercise, but here the AP misrepresents the facts in order to score a partisan point against Romney.
http://abcnews.go.com/blogs/politics/2012/09/full-transcript-george-stephanopoulos-and-mitt-romney/
I’ve always defined middle class as somebody who had to earn an income in order to make ends meet. If you do not need to earn an income to make ends meet, you are either upper class, or lower class (welfare + food stamps).