Reply to Ok DCUrban Mums. What is Rich

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Over 200k is rich.  I don't care if that means you can't afford 40k per year private school.[b] You have choices, you are not struggling, none of your bills should be a struggle.[/b]  So what you cannot afford vacations in Aspen and EU.  That doesn't qualify you for middle class.

Any HHI can be on a budget.

There is no 300k middle class. I don't care where you live. You chose your home and your mortgage.

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This used to be the definition of middle class. Now it's rich?[/quote]

Yes. Lots of middle class Americans still struggle with paying bills. [b]Middle class is going on vacation one state over, in a cheap motel, staying with family, or even camping in a tent.[/b]  They are not on government assistance, but when that $500 medical bill comes in, they have to make a payment plan or struggle to pay it off. If you do not feel that dread of an unforeseen expense, because you have savings, a good career, and plenty of options, then you are not really middle class. Sure you aren't Bill Gates, but you are incredibly wealthy in many ways. [/quote]

So I could walk down the Main Street of Magic Kingdom in Disney World and every single person (non-"cast member") I see must be rich because they obviously have the discretionary funds to spend on a fairly pricey vacation that goes beyond staying in a cheap motel one state over. [/quote]

...yes, except for local Floridians. When I was a kid only rich families went to Disney. The DCUM bubble is such a trip. [/quote]

OK, I think that's a bit ridiculous to say that every guest at Disney World who is not a resident of Florida is rich.

There are two things you need to consider. One is that when you were a kid, [b]you were actually poorer than you realized[/b]. That's not a bad thing, in fact, it says a lot for your parents that you never felt like you were missing out.

Second, and more importantly, standards change. Travel is cheaper now than it's ever been. People have more disposable income. The U.S. standard of living is higher than it was when we were kids. [/quote]

LOL yes that's it. I was secretly poor! Alternative explanation: my parents were normal middle class and traveling to Disney and buying tickets is a luxury.

Also, the idea that the "standard of living" is higher with higher "disposable income" is just another way of saying richer. Yes, many Americans are rich. Many other Americans spend like they're rich and are surprised when their money is gone. 
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