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It's more than twice the median salary. It is quite high. Upper class income only seem lackluster compared to the perverse 0.1% incomes and the housing bubble.
by cedilla 5y ago
It's more than twice the median salary. It is quite high.
Upper class income only seem lackluster compared to the perverse 0.1% incomes and the housing bubble.
- throwaway438 5y agoThere isn't a housing bubble when the government does everything possible to prevent the bubble from bursting. The median salary in the USA is a joke for people that are without any relatives supporting them financially for a mortgage, that will never afford a decent home that's actually located somewhere desirable and until in they reach their 40s.
- cedilla 5y agoHalf of people live with less than that joke by definition, and most don't have the privilege to be supported by wealthy relatives, either.
- throwaway438 5y agoExactly it's a giant joke and when homes were affordable 30 years ago. So it's ridiculous when people act like wages are too high while ignoring inflation without the ability to afford a home unless the wages match what's needed.
- apercu 5y agoIt's bullshit. Call it what it is. When people say that wages are fine they are being disingenuous or they are willfully ignorant.
- colordrops 5y agoThat salary is enough to sustain a comfortable middle class life and is not sky high. The problem is the ever-increasing wealth gap that has decimated the middle class since the 70s and that everyone else's salaries are gutter-low.
- apercu 5y agoYou are so right. If you live in rural Iowa that's a lot of money. Guess what? Hundreds of millions of people live in cities where housing, transportation and food costs are prohibitively expensive. You know how many people live in Iowa?