That's still in "the 99%" no?

http://www.whatsmypercent.com/

Those Publishers Clearing House cheapskates!!!

I will keep this one in mind when I have to argue the "middle class" and "rich" points.

Thanks.

Apparently they presume $5,000 a week will still seem like a pretty big deal decades from now even with inflation.

I used to tell it in my economics classes in 1988-1990 (the ones I taught).

There was a couple in Chicago that had won a million dollars.

They said that people at work were giving them a hard time. They said "it is not like we can just quit our jobs and live on that".

They had won $50,000 a year for 20 years. That's the equivalent of $101,000 a year today.

I have still never made that much money. It is mind-boggling to me that somebody would say "I cannot live on just $100,000 a year".

One difficulty might be that the $50,000 does not grow over time. By the end of the 20 years what was once worth $101,000 a year in 1987 is only worth $55,000 in 2007. Plus, it is $50,000 with no FICA taxes, so it is like wages of $54,141.

Walmart is America's largest employer.

Followed, I believe, by McDonald's at number two.

So... if my math is correct, the "middle class" 400k a year person earns as much per month as two Walmart workers earn per year. In my book, that makes 400K a year, or 250K a year, not middle class at all. That's fucking rich as far as I am concerned.