Reply to WaPo on Net Worth

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[quote=Anonymous][quote=Anonymous]I really don't care about the 80% or below of Americans. They are meaningless to me. What I care about is myself and what I need to live comfortable. Babbling about how much better off I am compared to the average is pointless. You're not scoring any virtue signaling points.

Maybe it's because I spent many years as an expat living and working in developing and second world countries that I long ago stopped thinking about the average. The middle classes in those countries aren't measured by people in the economic middle. But by lifestyle. My 80-100k salary at the time was very comfortable and put me well into the top 1% but it was still just an upper middle class salary and lifestyle. The wealthy and upper middle class locals knew exactly what it meant.

The US is shifting slowly towards this model where the middle class is not the 50% middle but closer to the top 20%. Which is historically the case, and what you find in most countries. [/quote]

Harsh but true. What’s the point of applauding yourself for making 120k, which is higher than average for this area, if you live a lmc lifestyle on it? [/quote]

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