General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMitt says....
Middle class earners make between $200,000 and $250,000 per year....when the hell did that happen...last I knew middle class started around $50,000....am I that old or is Mitt way off on his number?
polichick
(37,152 posts)...than $200,000 - those people don't count.
riverbendviewgal
(4,252 posts)I owned a house with a mortgage....I thought I was middle class.
I don't know anyone in my circle of friends who makes 200 -250 k a year
He is really out of touch
I am retired now and make even less.
gateley
(62,683 posts)riverbendviewgal
(4,252 posts)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.
The definition of "middle income" or the "middle class" is politically charged as Romney and President Barack Obama fight to win over working-class voters. Romney would be among the wealthiest presidents, if elected, and Democrats have repeatedly painted him as out of touch with average people.
gateley
(62,683 posts)Arkansas Granny
(31,517 posts)According to annual data from the Census Bureau, median income adjusted for inflation a closely watched measure of the financial health of average Americans fell to $50,054 in 2011, or 1.5 per cent below its 2010 level and 4.1 per cent below its score when Mr Obama took office in 2009.
http://www.ft.com/intl/cms/s/0/ed14fc70-fc51-11e1-aef9-00144feabdc0.html#axzz26SgxnmtU
He must just pull "facts" out of his ass.