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man4allcats

(4,026 posts)
Fri Sep 14, 2012, 07:38 PM Sep 2012

Romney thinks middle class income $200,000. to $250,000.

Source: AP
Author: Steve Peoples

This is the back-tracking version.
BOSTON — Mitt Romney is promising to reduce taxes on middle-income Americans.

But how does he define "middle-income"? The Republican presidential nominee defined it Friday as income of $200,000 to $250,000 a year and less.

Read more: http://www.msnbc.msn.com/id/49035484#.UFPLl65cgis



This is re-post of INdemo's locked post and thread from LBN at http://www.democraticunderground.com/1014230603

9 replies = new reply since forum marked as read
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Romney thinks middle class income $200,000. to $250,000. (Original Post) man4allcats Sep 2012 OP
And less wryter2000 Sep 2012 #1
Wow. If that were only true! But his sense of this country soooo far from reality. The Wielding Truth Sep 2012 #2
What insanity! man4allcats Sep 2012 #3
bwaa-haa-haa! struggle4progress Sep 2012 #4
I've always wanted to sit these entitled goons down Warpy Sep 2012 #5
The sad thing is these fuckers would just blame the people making less... Locut0s Sep 2012 #8
He may be right Xipe Totec Sep 2012 #6
Huh huh! man4allcats Sep 2012 #7
I inherited a middle class net worth Warpy Sep 2012 #9

wryter2000

(46,081 posts)
1. And less
Fri Sep 14, 2012, 07:41 PM
Sep 2012

Which means he thinks the upper limit is between 200K and 250K. That may be clueless, but it doesn't mean he thinks anyone below 200K is lower class.

I'm not defending him. He's suggesting that someone at 11K is middle class. He seems to have no idea some people in this country are poor.

man4allcats

(4,026 posts)
3. What insanity!
Fri Sep 14, 2012, 07:43 PM
Sep 2012

I have a professor friend whose Rice University Phi Beta Kappa 25 year old daughter graduated this spring from Harvard Law. Her first job upon leaving school will pay this young single woman in excess of 160K. I think that's great, but I guess by Mitt's standards she's little more than a pauper. I should have been so lucky in my lifetime.

Warpy

(111,339 posts)
5. I've always wanted to sit these entitled goons down
Fri Sep 14, 2012, 07:49 PM
Sep 2012

and give them a post tax take home pay of about $38,000/year. I'd present them with a newspaper from a random city (chosen by dart into a map of the country) and have them read the real estate ads and the grocery circulars and design a budget for that amount. I'd then tell them they had to save a great deal more for things like car loans and repairs, student loan payments, doctor copays, dental checkups, clothing, entertainment, and the rest of what makes life more than a miserable treadmill.

I wouldn't let them out of that room until they either cried uncle or managed to submit a budget someone could survive on.

At that point, they might be qualified to speak about kitchen table economics. Now, forget it.

And he's right about the amount of wages it takes to support a middle class family now with the middle class perks of household help (whether or not they have any), travel once or twice a year, paid college for offspring, and investment for retirement.

The rest of us are working class or below.

Locut0s

(6,154 posts)
8. The sad thing is these fuckers would just blame the people making less...
Fri Sep 14, 2012, 07:56 PM
Sep 2012

I totally agree with you and have wanted to do the same with right wing people here in Canada too. But I know their response would be, " yeah so... tough luck that's the job you chose". As if people don't deserve to make a living unless they go into business law or one of the "chosen" "successful" careers. These people make me physically ill.

Warpy

(111,339 posts)
9. I inherited a middle class net worth
Fri Sep 14, 2012, 08:00 PM
Sep 2012

but since I can't work any more (or even just as much), I am living on the working class income it affords.

And I am damned grateful for it.

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