What Planet is the WSJ living on?

[MrScorpio]

How many single parents do you know make over a quarter million dollars… Or retirees that make almost two hundred grand?

http://online.wsj.com/article/SB10001424127887323689604578220132665726040.html

[liberal N proud]

1. They are talking to their target reader, the 1%.

[Courtesy Flush]

2. I love the image of that married couple with kids

They have such downtrodden expressions, like they just don't know how they can keep things together on $650,000.

[MrScorpio]

3. It's really hard to live on that little. nt

[longship]

8. The poor, poor dears!

So sad. I bet they're starving on a piddly $650K a year.

Poor, poor dears!

[Brother Buzz]

4. Planet Murdoch

[hatrack]

5. It's the Planet Of The People Who Really, Really Matter

You and I need not apply.

[Canuckistanian]

10. It's a big club

And you ain't in it.

[Iris]

6. Obscene.

That is all.

[unblock]

7. they all have investment income of at least $25,000.

that comes to a 5% taxable return on the $500,000 portion of their wealth outside of retirement accounts and other shelters.


how can anyone give a crap about a tax difference of about $3,000 for people in such situations?

[JaneyVee]

9. I feel terrible for that married couple with children who have to survive on only $54,166 per month.

[Bigmack]

11. I posted this on FB....

... and added this.

Back here on earth, only 1.5 % of households earn more than $250K, the median income of real people is $46K, the median income of single moms is $25K and blacks make up 1/100th of the 1% of families who make more than $500K. The median income for black senior families is $35K. That black senior couple making $650K in the cartoon.... as rare as a banker with a sense of guilt.

Got a lot of outrage, but then my FB friends are mostly Progressive and Leftist.

[Speck Tater]

12. When the great hunger comes and they have to scrounge for their own food,

the 1% will be the first to perish.

They consider themselves self-sufficient because they know how to open a jar of caviar without any help from the butler. Their world bears no resemblance to reality.

[bigapple1963]

13. ok

this is about what someone in New York makes in finance/law/medicine after 10 years.

The investment income seems on the high side given where interest rates are.