Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "If you make <36,000 or >81,000, You Aren't Middle Class. Or "Upper" Middle Class. "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You don't necessarily get one-third of people in each class. Lower and upper class could be 10 percent of the population, and middle class could be 80...[/quote] By the [b]most natural definition of middle when talking about lower, middle, and upper[/b]--3 equal portions--you do. Due to our country's infatuation with pretending not to be rich, though, you see perverse definitions of middle class that include the "middle" 98% of households (making only the top and bottom 1% upper and lower classes). That's nonsense, even if that's the kind of nonsense that makes people with 500k incomes sleep at night while murmuring to themselves how middle class they are. [/quote] No. Income distribution is most naturally a bell curve. In that case, the ends would be no more than 25% and the middle no less than 50%.[/quote] Whether you use a 25% cutoff for upper class or 33%, it doesn't change the fact that a 6-figure household income is *not* middle class. http://money.cnn.com/calculator/pf/income-rank/index.html With 25% cutoffs instead of 33%, middle class spans 28-98k. People making 200k, 300k, 400k, 500k, 600k, 700k (all actual HHIs described as middle class in this subforum) are no less foolish for calling themselves middle or upper middle class. [/quote] I think the chumps who keep trying to push the upper limit of "middle class" into the top 10% and beyond of HHI do so because it helps quell their envy at those who make more. "It's okay that we only went to Europe once this summer after putting 100k into our retirement funds; we're middle class!"[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics