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POTUS 45.12: Dan, does it take courage when encountering the covfefe?

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Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

St. Clown said:
The English majors actually have a marketable skill. The other two, well... they're kind of like getting a B.A. in psychology and McD's French fry machine operation.
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:p
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

mookie1995 said:
sure, but the slope of the two lines is also not =
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Clearly, but it's a solid indicator as to the relative economic situation of a state's denizens. Think MN educated vs. WV *educated*.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

St. Clown said:
That means you're saying that more than half of the people in this state are below middle class. This is a state that politicians like to call the bastion of education, and government-corporate cooperation. And the US median is less than that of MN.
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And?
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

That's still what I would consider at or near middle class. I'm fairly confident my family earned around $160k-$200k when I left for college. We were most certainly not upper class. We were firmly in the upper middle class with no chance of being confused for upper class.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

Wisko McBadgerton said:
FWIW Here's the income Quintiles up to 2015.

$215k put a household in the top 5% and over $112,262 put it in the top 20%.
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good evidence here for separating the "3 traditional classes" of peeps.

upper class top 5%
middle class 5-20%
lower class (working poor) 20-100%

owner class
mgr class
proletariat working class
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

St. Clown said:
That means you're saying that more than half of the people in this state are below middle class. This is a state that politicians like to call the bastion of education, and government-corporate cooperation. And the US median is less than that of MN.
Click to expand...

That is correct. More than half this state is below middle class.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

dxmnkd316 said:
That's still what I would consider at or near middle class. I'm fairly confident my family earned around $160k-$200k when I left for college. We were most certainly not upper class. We were firmly in the upper middle class with no chance of being confused for upper class.
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Your expectations and reality simply do not align.

https://www.psychologytoday.com/blog/psychology-yesterday/201610/the-psychology-being-middle-class

Poll after poll reveals that most Americans think they’re part of the middle class even if they’re clearly not. Economically, the middle class is just that—the middle third of American households in terms of net worth. A good number of those in both the upper third and the lower third will tell you they’re middle class, however, begging the question why. Why do so many Americans identify with the middle class? What is it about the idea of the middle class that makes most Americans want to belong to the group? Why is the middle class considered “more American” than the lower or upper classes? Trying to answer such questions is timely as Democrats and Republicans battle it out to be recognized as the genuine party of the middle class.

The rather odd psychology of claiming to be middle class despite evidence to the contrary has deep historic roots. Since the early 19th century, in fact, strong feelings have consistently been attached to the American middle class, explaining why there is still so much concern for its fate. Because the United States was founded on the principles of democracy and equality, it makes perfect sense that “average” Americans have been viewed as most symbolic of what makes this country great and different from others.The illusion that most Americans belong to the middle class reflects our national mythology of the “Everyman,” an idea that is central to both our collective and individual identities. As social beings, we are hardwired to want to belong to groups, and fear being labeled as outsiders or outcasts. Clinging to the belief that we are typical members of our tribe, even if we own five houses or are on food stamps, is critical to our psychic wellbeing. This is particularly true in a society like ours whose mythological bedrock is the ideal of equality.
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Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

ScoobyDoo said:
So, you don't understand why that is? Really?

75-250 is middle class. Under ~23 is poverty. 23-75 is lower class.
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That's not how I read that chart. How I read it (and of course there also have to be regional cost adjustments):

Lower class (bottom quint): 0 - 22.8
Middle class (quints 2-4): 22.9 - 112.3
Upper class (top quint): 112.4 +
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

Kepler said:
That's not how I read that chart. How I read it (and of course there also have to be regional cost adjustments):

Lower class (bottom quint): 0 - 22.8
Middle class (quints 2-4): 22.9 - 112.3
Upper class (top quint): 112.4 +
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Um no. The poverty line is $24,600.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

Kepler said:
Upper class (top quint): 112.4 +
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you must remember michael douglas' speech in the back of the limo coming back from squash with aids boy!!! LIQUID!!! just making the top 20% don't make one upper class.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

once again, middle is not about size. it is just who falls between the upper class and the lower class.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

mookie1995 said:
you must remember michael douglas' speech in the back of the limo coming back from squash with aids boy!!! LIQUID!!! just making the top 20% don't make one upper class.
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No, it doesn't make you rich. The rich are roughly the top 2% -- my guess is a household income of $400k ($800k in NYC, $200k in Pig's Knuckle, Arkansas) makes you rich.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

mookie1995 said:
:D

another degree that will overburden the holder with debt that will never be paid :p

psychology today teaching economics?!?! :confused:

if the upper class was really 1/3 of all americans, do you truly believe they would want to belong?? :D
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It wasn't teaching economics, it pertained to people assigning themselves to the middle class when their income and wealth don't align with the middle class because of the desire to be associated with traditional American icons and myths.

Nice reading comprehension. You're clearly below the middle. :p
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

dxmnkd316 said:
That's still what I would consider at or near middle class. I'm fairly confident my family earned around $160k-$200k when I left for college. We were most certainly not upper class.
Click to expand...

Define upper class? That income (10 years ago?) puts your family easily into a top bracket.
 
Re: POTUS 45.12: Dan, does it take courage when encountering the covfefe?

dxmnkd316 said:
that's still what i would consider at or near middle class. I'm fairly confident my family earned around $160k-$200k when i left for college. We were most certainly not upper class. We were firmly in the upper middle class with no chance of being confused for upper class.
Click to expand...

tf
 
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