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Uh right, but you can infer from annual household income so low that there's no way "millionaire is middle class" is true. "Millionaire is a low bar for one of
by ethanbond 4y ago
Uh right, but you can infer from annual household income so low that there's no way "millionaire is middle class" is true.
"Millionaire is a low bar for one of the highest paid professional groups in the world" is a very different statement from "millionaire is basically middle class." The latter really distorts people's understanding of the state of our society and their position in it.
- berkle4455 4y ago
- acdha 4y agoI would suggest that you learn how to accept fair criticism and learn from it. That’ll get you much further in life than resorting to insults when you get something wrong.
- ethanbond 4y agoOh I'm totally aware you're hyperbolizing. Nonetheless, most Americans have a very poor understanding of wealth distribution and some of that comes from the 95th percentile claiming to be middle class. This is bad for pretty much everyone: the rich get to masquerade as the middle class, and the middle/lower classes get to feel as if they're further behind than they ever could've imagined. So it's worth pointing out the facts: median household income is $65k and more than half the country couldn't sustain a $1000 emergency expense.