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This NY Times piece explores this topic further: http://www.nytimes.com/2015/01/31/upshot/letter-from-the-editor-whos-really-middle-class.html?abt=0002&abg=0 ht

by scott_s 12y ago

This NY Times piece explores this topic further: http://www.nytimes.com/2015/01/31/upshot/letter-from-the-editor-whos-really-middle-class.html?abt=0002&abg=0 http://www.nytimes.com/2015/01/31/upshot/letter-from-the-edi... A key quote, which almost doesn't need context: "But here’s the thing: Being able to afford those things is pretty good definition of affluence in modern American society."

r00fus 12y ago
That quote (and article) doesn't jibe with the definition of affluence, at least according to various dictionaries [1] (e.g. "great wealth", "property", "abundance of wealth"). Not having much left over is not having an abundance. The definition of affluence seems to presume various sources of passive income. [1] https://www.google.com/search?q=affluence&ie=utf-8&oe=utf-8 https://www.google.com/search?q=affluence&ie=utf-8&oe=utf-8