Showing posts with label Middle Class. Show all posts
Showing posts with label Middle Class. Show all posts

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?