Check out this video of Ben stein and his definition of middle class:
250 thousand... and you're just middle class...
That's the difference between need and greed, he can't tell the difference and as a result he sees middle class as 50-250k....
The average median income as of 2007 was $50,233 ..... how do you stretch that to 250k?
Source: US Census Bureau
http://www.census.gov/prod/2008pubs/p60-235.pdf
Pg: 13
I'd recommend saving that pdf file btw, very good reading.
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If he had said 50-100k, I'd give him that just barely.... 100k is really good, but still i wouldn't call him crazy.
But 250k.... or 200k, or 220k, or 180k, or 150k.... middle class?
Is a bmw really necessary, private schooling....
He's out of touch with reality.
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