Reply to Great aticle on how middle class is struggling and not saving enough

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[quote=Anonymous][quote=Anonymous]In a 2010 report titled “Middle Class in America,” the U.S. Commerce Department defined that class less by its position on the economic scale than by its aspirations: homeownership, a car for each adult, health security, a college education for each child, retirement security, and a family vacation each year.A 2014 analysis by USA Today concluded that the American dream, defined by factors that generally corresponded to the Commerce Department’s middle-class benchmarks, would require an income of just more than $130,000 a year for an average family of four. Median family income in 2014 was roughly half that.

So to open the continuous argument here - $250K 'feels' middle class in DC because by this measure, it probably takes at least $200K in this area to attain some or most of the things on this list.   [/quote]

Not true. We make under the Commerce Dept's benchmark and have very healthy amounts in all those categories. The thing we didn't do is overbuy our house which is what got the author and most people in DC in trouble.[/quote]

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