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Is the American Dream possible? It is if you earn at least $500,000 a year
CBS "News" ^ | January 10, 2020 | BY AIMEE PICCHI

Posted on 01/10/2020 12:51:45 PM PST by Oldeconomybuyer

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To: SaxxonWoods

$500K a year is certainly nice but personal comfort and financial independence arrive at a far lower level for anyone with a reasonable amount of personal responsibility. I’ve never been close to that in regular income but own my home debt free, drive a 2018 Navigator that I paid cash for, and fly domestic first class on the rare occasions when I fly. Actually to need that much I’d have to be addicted gambler or a serious drug addict.


41 posted on 01/10/2020 3:09:13 PM PST by libstripper (ueeze it into)
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To: Oldeconomybuyer

What absolute cesspool BS. Probably fewer than 1/2% of Americans ever earn that much. What “journalist”-produced feces. Anyway... the “American Dream” is that “journalists” will jump off of a tall building.


42 posted on 01/10/2020 3:20:59 PM PST by hal ogen (First Amendment or Reeducation Camp???)
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To: ImpBill
Living debt free, other than perhaps your house, is the way I am "living the dream".

That's me and my wife. Retired, completely debt-free with a decent retirement income and investments that we worked for, and scrimped and saved for. It's a great feeling.

Although, to tell you the truth, my idea of the "American Dream" is having the freedom to live your life in the way that best comports with your ideals ... within the strictures of the law and common decency, of course.

43 posted on 01/10/2020 3:36:44 PM PST by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: Oldeconomybuyer

I think this is a problem with peoples understanding of the American dream. Classically it was a house and a car. Then it changed to two cars. Now the American dream falls apart at finding a spouse. Or it falls apart with the fact that not everyone wants a car, a spouse or a house.

But the American dream was never something that required half a million in income. That may be someones dream. But thats not what is meant by the classic “American dream”.


44 posted on 01/10/2020 3:39:03 PM PST by poinq
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To: Oldeconomybuyer

Maybe if taxes were lowered quite alot we could afford the dream.


45 posted on 01/10/2020 3:57:23 PM PST by minnesota_bound (homeless guy. He just has more money....)
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To: Harpotoo

Not to be snarky, but we never really own anything. Own your home and cars outright? Stop paying property taxes and car registration fees and see what happens.


46 posted on 01/10/2020 4:13:20 PM PST by airplaneguy
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To: Oldeconomybuyer

Lottery Winners also think they have attained The American Dream.


47 posted on 01/10/2020 4:15:46 PM PST by Kickass Conservative (Kill a Commie for your Mommy.)
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To: Mr Ramsbotham

Totally agree. We live our lives based upon the conservative judeo/christian values we grew up with. Celebrating 52 years of our union in less than a month. And to be perfectly honest I got the better end of the bargain. She has put up with a lot. Very blessed man, I am!


48 posted on 01/10/2020 5:13:08 PM PST by ImpBill (Conservative voter sans political Party!)
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To: Salvavida
Peace with God, a good conscience, a good name, and a godly spouse should be enough.

Those things are not purchased with money, but with much more expensive coin.

Time,self discipline, faith, prudence, character...

49 posted on 01/10/2020 5:53:29 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: Oldeconomybuyer

Rat Media.

“Hey, you know what we haven’t played in the past hour?

The Class Warfare Card.


50 posted on 01/10/2020 5:55:22 PM PST by TADSLOS (You know why you can enjoy a day at the Zoo? Because walls work.)
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To: Oldeconomybuyer

I never understand these statistics and comments. Is that 500k household or individual? The real kicker is high income earners marry other high income earners. That’s causing double income inequality. If high income earners would marry welfare recipients then we could help solve income inequality. Imagine the female doctor marrying the welfare guy or the CEO man marrying the drugged up trailer tramp. We could solve half of income inequality by forced marriage.

When they discuss income is it individual or household?


51 posted on 01/10/2020 6:01:24 PM PST by wgmalabama
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To: Vigilanteman

Sounds like a great place to live. Just don’t advertise it. I have seen a few towns in NC go over a 30 year period from your piece of heaven to upwards ~70% leftist (determined by voting results). They are attracted by the simple life, move in, ruin things, are intolerant, smarter than everyone, want to take down monuments, gun grabbers, etc.


52 posted on 01/13/2020 3:13:13 AM PST by Susquehanna Patriot
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