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If your family makes over $232,000 you are in the top 5%.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/17/does-your-family-make-over-232000-congrats-youre-in-the-top-5-percent/ |
| It's all relative. $232,000 is comfortable in DC, but it's really rich in Sioux Falls. |
No, it's the top 5% of the worlds income levels. How you spend it and live it is relative. |
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Yes we are. A combination of luck, hard work and yes, privilege, got us to this point. Even for DC, where the median income is 80K, people in my HHI--250+--are doing very well.
You Wont hear me complaining. |
That's part of the middle, though? Right? |
Omg please quit this ridiculous meme. It is not comfortable in DC, it's privileged in DC. You get your pick of housing and school district for the most part and you don't need to worry about whether you need to choose healthcare, your mortgage, or your savings month to month. Comfortable may be the people making 80k a month or so. Not you--at three times the average DC income at 220+. |
Well, sure. But to live in some places costs more than others, and the income accounts for that. $232,000 goes a lot further in Bangladesh than it does in New York City. |
OK, I don't usually chime in on these threads debating the relative wealth of $200k+ households (of which I am one), but that statement is just not true here in DC. However, not going to say that I don't feel privileged, I do. |
| I did qualify with "for the most part," and I stand by that statement. You might not be living in Chevy Chase, but you have enough money at that income that you have a variety of really great options. |
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It all depends to whom one compares oneself.
Frankly, and no offense, but I do not consider the assorted drunkards, drug addicts, bar-tenders, grease-monkeys, shop-walkers, cheroot-vendors, mail-men, iron-mongers, pit-masters, squirrel-eaters, security-guards, street-walkers, phone-wankers, IT helpdeskers, low-ranking bureaucrats, time-servers, ex-cons, and margerine saleswomen who make up the bulk of this country and this city's population to be my peers, so their income is quite irrelevant. I instead attempt to place myself amongst persons of more distinction, to whit: commercial lawyers, international diplomats, independently-wealthy heads of Third World NGOs, magazine editors (though only the classier ones - no cheap titillation), Internet Pioneers, SES bureaucrats, Hedge Fund Managers (and their Lady wives), Modern Dancers, Industrialists, Underwear Titans, and assorted Money Goblins. Judged against this, more illustrious, crowd, I certainly cannot consider myself in the top 5 percent. But one day, I hope to be. Aspirational? Yes, but it was aspirationalism that seized this country out of the embrace of the native Americans, and by God I will never apologize for it. |
+20000000 People fail to realize that because you CHOOSE to live somewhere expensive does not automatically make you 'less rich' The fact that you have the OPTION to live somewhere expensive speaks volumes... good golly people |
It's not a ridiculous meme. The fact that it takes $232,000 to have your pick of housing and school district when other places in the country (Sioux Falls) you could have the same choices for far less is directly relevant. It's not "privileged." The family earning $232,000 has a lot more in common with the family earning $75,000 than it does with the family earning $2.3 million. |
+1 $250K is a pittance to many on here. For me, it's more than I ever thought I would have. Thankful every day. |
Is this a joke post? They certainly aren't your peers. I'm imagine most of them are much more pleasant and much less of a boor than you. |
Then your imagination would lead you astray. I am a delightful conversationalist, and have been identified as such in Leading Publications. |