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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The very wealthy want us to bicker about the fact that someone making 300k is doing so much better than us, but really it isn't the 300k households that are the problem. These families are doing better than us, but they aren't rich. If anything, these households are spending $$ on nannies, restaurants, travel, etc. that keep a lot of people employed. And many are one job loss away from losing a lot of what they have. [/quote] Maybe not, but they sure do make it easy when they complain about after the mortgage payments in Chevy Chase, Mercedes lease payments, cost of a live-in nanny and cost of private school tuition, "300,000 a year doesn't get you very far."[/quote] I agree I find some of those posters annoying. But I have a HHI of 180k soon to be 200k and feel very middle class (lifestyle wise even though I know we have an above avg HHI) with student loans and daycare costs. I think a 300k HHI would provide a lot more breathing room and would be more of an upper middle class lifestyle than middle class. I can understand how some people feel that 300k just doesn't go as far in this area as you might dream 300k would go. Granted I do wish they'd stop complaining on here,[b] it's aggravating to hear someone with much more than you complain about how little they have.[/b] [/quote] This. This is it.[/quote]
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