Showing posts with label Low Income. Show all posts
Showing posts with label Low Income. Show all posts
Tuesday, November 04, 2025
Monday, September 17, 2012
The Height of GOP Stupidity, Part Fourteen: Mittsy Defines "Middle Income” As $250,000 And Less
What a way to start the week! I woke up this morning to
discover that, in the eyes of One-percent Mittsy, I am poor. Lower class, you
know. Not low class, mind you, that I can accept and deal with, but I am Lower
Class because I make less than a quarter million a year.
Last week Mittsy was talking
to Good Morning America's resident cutie, George Stephanopoulos, and was
asked, “Is $100,000 middle income?”
Mittsy
replied, “Middle income is $200,000 to $250,000 and less."
Yes,
Mister Out Of Touch, Mister One Percent, Mister $374,000 a year isn't a lot of
money, has told us all that if you earn less than $200,000 a year, you are
lower class.
Which
is funny, and stupid, because according to a 2009 Tax Policy Center study of income distribution--and they ought to know
more than Mittsy--earners making $180,000 and more are in the top 5 percent of
the population. And, according to the Census Bureau, the current median household income in the U.S. is slightly
over $50,000. So,
according to Mittsy, if you aren't in the top, say, 4%, you're poor.
Yeah, he feels my pain, and
the pain of the Middle Class, and the Lower Class.
Folks on Twitter had a field
day with Mittsy's understanding of what the Middle Class truly is:
How can anyone expect him to represent the Middle Class when he obviously has no idea who we are?
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