THANK YOU! I am SO SICK of all these NeverTrumpers and Trump supporters who are trashing him! Good Lord! The man isn’t worth 10 billion because he’s an idiot!
Ok, the constant dollar figure is the only thing that has made any sense - it just seems odd that Rush would be referring to that (?). But thanks for this info!!
I can’t get my head around it. Is the top 10% based on average salary or is it based on population numbers? Is he saying that there is such a disparity in wage/salary now that 50,000 is in the top 10%?
I think I’m confusing myself...
The article Rush is referencing is about college tuition and how it averages $50,000 in many cases - but how the National Average WAGE is $42,000. So, we are dealing with the term “national average wage”. ?
Ok, another quote from Rush Today: they point out in the story that this is more than the average United States salary. Do you know that if you earn $50,000 a year or more, you are in the upper 10% of wage earners in America? I love telling people that statistic. They don’t believe it, and it sort of puts this...
That’s for sure! I just cannot believe he would make such a HUGE statement like this if he didn’t have stats to back it up - this is causing lots of confusion!
I just posted the excerpt from today’s Rush transcript. This is really frustrating. He didn’t clarify it at all - he said it clearly - How is this possible??
Quote from Rush:
Do you know what it takes to be in the top 1%? Take a stab. What is it? Top 10%: $50,000 a year or more you are in the top 10% of wage earners. Take a stab at the floor, the minimum income that qualifies to be in the top 1%. Brian, what do you think it is? (interruption) You’re close. He said, “$500,000.” It’s $343,000 a year. If you make $343,000 a year, you are in the top 1%.