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Romney 'Middle Income Is $200,000 And $250,000'


By bgamall4   Follow   Fri, 14 Sep 2012, 9:48am   2,212 views   26 comments
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http://www.businessinsider.com/romney-middle-income-2012-9 Romney is a Martian. He surely doesn't live on this planet!

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  1. SoftShell


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    1   5:21pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (2)  

    It's all in how you define "middle".

  2. zzyzzx


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    2   5:46pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (3)  

    Sadly, up to 200K-250K probably is middle class in some places. NYC and CA come to mind.

    Exact Quote:
    MITT ROMNEY: No, middle income is $200,000 to $250,000 and less.

    Thread title is intentionally misleading.

  3. JodyChunder


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    3   5:58pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)  

    Big Mal, the better question is - why ISN'T a quarter mil the middle?

    I think public school teachers should be paid at least 125K annually and be treated like Google employees. As it is, it's glorified community service.

  4. APOCALYPSEFUCK is Shostakovich


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    4   9:06pm Fri 14 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike  

    He's right, if you want to live indoors and have one spouse part-time or no-time or full-time/part-time home enterprise and send to kids to a good school.

    Otherwise by the time you're done paying state, county, municipal and federal taxes, you barely have spare change for ammo and yams.

    Fuck it. Just open fire. Everyone. At everyone else.

  5. Peter P


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    5   10:15pm Fri 14 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike (2)  

    250K is not even upper middle class. Romney is a realist.

  6. bgamall4


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    6   10:33pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)  

    zzyzzx says

    Thread title is intentionally misleading.

    BS, he said 100k is not middle class. You are defending a real bozo. He is a clown, he is a caricature of himself. He is a cartoon.

  7. bgamall4


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    7   10:34pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)  

    Peter P says

    250K is not even upper middle class. Romney is a realist.

    That statement is absurd. If you choose to live on the Peninsula in a million dollar house instead of commuting and living large in the east bay, that is your fault. Don't live with the rich and complain you are middle class at 250k.

  8. Peter P


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    8   10:48pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)  

    bgamall4 says

    Don't live with the rich and complain you are middle class at 250k.

    This statement is as absurd as mine. What would you say of people who choose to live with the poor (e.g. Detroit) and complain that 250K is rich?

  9. Homeboy


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    9   10:55pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    SoftShell says

    It's all in how you define "middle".

    Really? You can define the top 3% as "middle"? Which universe is this?

  10. Peter P


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    10   10:56pm Fri 14 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike (1)  

    bgamall4 says

    BS, he said 100k is not middle class.

    He said 100K is not middle income. 100K is sure NOT the upper limit of middle class. 100K of W2 income is certainly below middle income. 100K of business income can be pretty good depending on deductions.

  11. bgamall4


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    11   10:56pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Peter P says

    This statement is as absurd as mine. What would you say of people who choose to live with the poor (e.g. Detroit) and complain that 250K is rich?

    You are complaining you are middle class at 250 because you choose to live where rich people are pricing you out. Your example of Detroit is not relevant because the poor would not be pricing you out.

    I hope your 250k job doesn't rely on strong powers of reasoning. :)

  12. Peter P


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    12   11:04pm Fri 14 Sep 2012   Share   Quote   Permalink   Like   Dislike (2)  

    SoftShell says

    It's all in how you define "middle".

    Imagine a pyramid with the majority in the lower class. There are fewer in the middle class. There are yet fewer in the upper class.

    Now, imagine a line across the middle of that pyramid.

    Putting a poor person in the middle class bin certainly makes him feel good for a while. It does not help him or the society as a whole.

    Calling a 200K techie rich will have a similar effect.

  13. Peter P


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    13   11:08pm Fri 14 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike (1)  

    A 250K household means two 125K jobs nowadays. In most metropolitan areas, these jobs do not need much reasoning. (Reason is overrated anyway, but I do not want to invoke Nietzsche past 8pm.)

    I yearn for a society with single-income households. I think this is better for families in general. I can volunteer to be a house-husband. :-)

  14. Bigsby


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    14   11:22pm Fri 14 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Homeboy says

    SoftShell says

    It's all in how you define "middle".

    Really? You can define the top 3% as "middle"? Which universe is this?

    Well, if he defines middle to include the top 3%...

  15. Homeboy


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    15   12:17am Sat 15 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Peter P says

    100K of W2 income is certainly below middle income.

    So, did you just make that up? Do you have any clue what the median income is in the U.S.?

  16. iwog


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    16   12:39am Sat 15 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike (1)  

    Romney doesn't have a choice. If $200k-250k isn't middle class, then he's going to raise taxes on the middle class because:

    WASHINGTON — Mitt Romney's budget plan would significantly raise income taxes for many families making between $100,000 and $200,000, analyses by leading Republican economists cited by the Romney campaign show.

    http://www.latimes.com/news/nationworld/nation/la-na-romney-tax-plan-20120915,0,2798619.story

    Vote for Romney and your taxes go up while billionaires get a tax cut.

  17. zzyzzx


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    17   5:33am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike (2)  

    Didn't Obama already say this years ago with his promise (that he didn't keep) to not raise taxes on anyone making 250K or less?

  18. iwog


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    18   8:19am Sat 15 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike  

    zzyzzx says

    Didn't Obama already say this years ago with his promise (that he didn't keep) to not raise taxes on anyone making 250K or less?

    He did keep his promise. Taxes are going up because Republicans booby trapped their own bill to expire during the 2012 election season.

    You're going to blame Obama for Republicans raising taxes? Seriously?

  19. taketheplunge


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    19   9:22am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)  

    I'm no Romney fan, but maybe, if we keep inflating the debt away the debt, $200,000 - $250,000 household income *will* be middle income soon enough. Can we accept that possibility and all get along?

  20. iwog


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    20   9:25am Sat 15 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike  

    taketheplunge says

    I'm no Romney fan, but maybe, if we keep inflating the debt away the debt, $200,000 - $250,000 household income *will* be middle income soon enough. Can we accept that possibility and all get along?

    No. Inflation is almost non-existent. Where inflation does occur, it is the result of speculation and shortages like with corn and oil. Although the federal reserve has tripled the M0 money supply, the effects have been almost nil.

  21. 37108605


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    21   9:47am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    zzyzzx says

    Sadly, up to 200K-250K probably is middle class in some places. NYC and CA come to mind.

    Correction, it certainly is not CLASS, which has nothing to do with money.
    It kills me the hype and BS, there are few and I mean VERY few anywhere who bring in above 200K including either CA or NY.

  22. 37108605


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    22   9:49am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Homeboy says

    Peter P says

    100K of W2 income is certainly below middle income.

    So, did you just make that up? Do you have any clue what the median income is in the U.S.?

    They know damn well to me how could anyone not? In my opinion, it's called trying to look like the BIG MAN.

  23. 37108605


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    23   9:51am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Peter P says

    SoftShell says

    It's all in how you define "middle".

    Imagine a pyramid with the majority in the lower class. There are fewer in the middle class. There are yet fewer in the upper class.

    Now, imagine a line across the middle of that pyramid.

    Putting a poor person in the middle class bin certainly makes him feel good for a while. It does not help him or the society as a whole.

    Calling a 200K techie rich will have a similar effect.

    You are really hung up on that word CLASS aren't you? A word that anyone with any tries to avoid using at all costs.

  24. Peter P


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    24   10:26am Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Reader says

    You are really hung up on that word CLASS aren't you? A word that anyone with any tries to avoid using at all costs.

    I really don't. Class is an artifact of Nietzschean "slave morality".

  25. bgamall4


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    25   4:52pm Sat 15 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike  

    Peter P says

    I yearn for a society with single-income households. I think this is better for families in general. I can volunteer to be a house-husband. :-)

    Peter, in much of America people will have to have 3 or 4 or 5 incomes in order to pay food, rent, cable, utilites. That will require multigenerational living.

  26. Politicofact


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    26   7:47pm Mon 17 Sep 2012   Share   Quote   Permalink   Like (3)   Dislike (1)  

    “There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that’s an entitlement. And the government should give it to them. And they will vote for this president no matter what…These are people who pay no income tax... my job is not to worry about those people. I’ll never convince them they should take personal responsibility and care for their lives…. The president has been a disappointment. He told you he’d keep unemployment below 8 percent. Hasn’t been below eight percent since. Fifty percent of kids coming out of school can’t get a job. Fifty percent.”

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