Reply to Keep the Poor Students in Poor Schools

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[quote=Anonymous][quote=Anonymous]I'm not arguing that the old money person isn't upper class.  And if you want to make a distinction between old money and new money, then fine, make it and call 2 million a year lawyer (whom I believe you just changed into a doctor making 1.8 million, but whatever) nouveau riche.  But to call a person who is spending 110K (more than the HHI for over 85% of the US) a year on tuition alone "middle" anything is ludicrous.  DC or not.  Top 1% of earners has a lower boundary around 400K a year, so your example person is only in the "middle" of the top 1%.  Even by the extremely broad definition Gilbert gives to upper middle class your person doesn't fit.  For all the complaints about FA recipient entitlement, there sure seems to be a lot of class entitlement from posters in the upper strata of earners that is equally offensive. [/quote]

To put it simply:

poverty in DC: family of four w/ HHI under 35K

working class in DC: HHI 35k to 75K

Middle class in DC: HHI 75K single, 120k-200k family of four

Upper Middle Class: indiv. income or HHI above 200K- up to level of Upper Class

Upper Class:

New money may be A LOT of money, millions, but if you work for it, made it yourself, you are not Upper Class, you might be "rich" but you will never be upper class, ypur kids maybe provided that you invest well.
Income not based on earnings from own work, but from inherited wealth: land, dividend, trusts, etc...[/quote]

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