5 ms·

The threshold for the 1% is "centi-millionaire," eh? I'm apparently substantially more baller than I realized.

jameshart 12y ago
I guess you, like me, initially read it as an SI prefix, and were a bit confused about someone with a net worth of $10,000 being touted as a one-percenter... I mentally rewrote it as hecto-millionnaire and it made more sense. But I guess a centipede doesn't have a hundredth of a foot, and it's not like millionnaire/billionnaire follows an SI naming scheme in the first place. Maybe we should introduce a new scale: megalonnaire gigalonnaire ... Successful tech entrepreneurs could rather aspire to becoming binary prefixed mebilonnaires or gibilonnaires.
- eCa 12y ago
  Hecto[1] would have been a better choice for a prefix. [1] http://en.wikipedia.org/wiki/Hecto- http://en.wikipedia.org/wiki/Hecto-
steveklabnik 12y ago
> I'm apparently substantially more baller than I realized. We all are. The poverty threshhold estimate for 2013 is $12,119/year for a single adult under 65.[1] 49 million people in the US are in 'food insecure households',[2], which means '“limited or uncertain availability of nutritionally adequate and safe foods or limited or uncertain ability to acquire acceptable foods in socially acceptable ways.” 16 million of those 49 are children.[3] Furthermore, if you don't just look at poverty, but at 'the middle class', whatever that means, as of 2004, the median income for a _household_ was $44,389[4]. The 2011 WSJ "What Percent Are You" calculator says that for a $120,000 income, (which is anecdotally what you can expect as a Bay Area programmer, at least, according to my anecdata), you are in the top 16% of earners. Glassdoor says that it's $100,000,[6], which puts you in the top 19%. Software development is a very lucrative profession. 1: https://www.census.gov/hhes/www/poverty/data/threshld/ https://www.census.gov/hhes/www/poverty/data/threshld/ 2: http://en.wikipedia.org/wiki/Food_security#Food_Security_in_the_US http://en.wikipedia.org/wiki/Food_security#Food_Security_in_... 3: https://feedingamerica.org/hunger-in-america/hunger-studies/map-the-meal-gap/~/media/Files/research/map-meal-gap/2014-MMG-web-2014.ashx?.pdf https://feedingamerica.org/hunger-in-america/hunger-studies/... 4: http://en.wikipedia.org/wiki/Household_income_in_the_United_States#Median_income http://en.wikipedia.org/wiki/Household_income_in_the_United_... 5: http://blogs.wsj.com/economics/2011/10/19/what-percent-are-you/ http://blogs.wsj.com/economics/2011/10/19/what-percent-are-y... 6: http://www.glassdoor.com/Salaries/san-francisco-software-engineer-salary-SRCH_IL.0,13_IM759_KO14,31.htm http://www.glassdoor.com/Salaries/san-francisco-software-eng...
- duaneb 12y ago
  Poverty isn't a great measure as you can be out of poverty without a livable wage.
  - steveklabnik 12y ago
    Hence the entire second part of my post.

I guess you, like me, initially read it as an SI prefix, and were a bit confused about someone with a net worth of $10,000 being touted as a one-percenter... I mentally rewrote it as hecto-millionnaire and it made more sense. But I guess a centipede doesn't have a hundredth of a foot, and it's not like millionnaire/billionnaire follows an SI naming scheme in the first place. Maybe we should introduce a new scale: megalonnaire gigalonnaire ... Successful tech entrepreneurs could rather aspire to becoming binary prefixed mebilonnaires or gibilonnaires.

eCa 12y ago
Hecto[1] would have been a better choice for a prefix. [1] http://en.wikipedia.org/wiki/Hecto- http://en.wikipedia.org/wiki/Hecto-

steveklabnik 12y ago

> I'm apparently substantially more baller than I realized. We all are. The poverty threshhold estimate for 2013 is $12,119/year for a single adult under 65.[1] 49 million people in the US are in 'food insecure households',[2], which means '“limited or uncertain availability of nutritionally adequate and safe foods or limited or uncertain ability to acquire acceptable foods in socially acceptable ways.” 16 million of those 49 are children.[3] Furthermore, if you don't just look at poverty, but at 'the middle class', whatever that means, as of 2004, the median income for a _household_ was $44,389[4]. The 2011 WSJ "What Percent Are You" calculator says that for a $120,000 income, (which is anecdotally what you can expect as a Bay Area programmer, at least, according to my anecdata), you are in the top 16% of earners. Glassdoor says that it's $100,000,[6], which puts you in the top 19%. Software development is a very lucrative profession. 1: https://www.census.gov/hhes/www/poverty/data/threshld/ https://www.census.gov/hhes/www/poverty/data/threshld/ 2: http://en.wikipedia.org/wiki/Food_security#Food_Security_in_the_US http://en.wikipedia.org/wiki/Food_security#Food_Security_in_... 3: https://feedingamerica.org/hunger-in-america/hunger-studies/map-the-meal-gap/~/media/Files/research/map-meal-gap/2014-MMG-web-2014.ashx?.pdf https://feedingamerica.org/hunger-in-america/hunger-studies/... 4: http://en.wikipedia.org/wiki/Household_income_in_the_United_States#Median_income http://en.wikipedia.org/wiki/Household_income_in_the_United_... 5: http://blogs.wsj.com/economics/2011/10/19/what-percent-are-you/ http://blogs.wsj.com/economics/2011/10/19/what-percent-are-y... 6: http://www.glassdoor.com/Salaries/san-francisco-software-engineer-salary-SRCH_IL.0,13_IM759_KO14,31.htm http://www.glassdoor.com/Salaries/san-francisco-software-eng...

duaneb 12y ago
Poverty isn't a great measure as you can be out of poverty without a livable wage.
- steveklabnik 12y ago
  Hence the entire second part of my post.