Quote:
Originally posted by nononono
But why define "rich" by percentages of the population? Someone making $6 million a year isn't anything like someone making $200K. It should be about how far that money goes. If everyone made $5-6M a year and prices/COL were the same as now, then we'd all be rich; we wouldn't say the $5M people were poor.
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Yes -- but when you're talking about "middle class" -- like Sebby was -- that concept necessarily applies to some group in the "middle" of the population (as Wonk was pointing out).
So, it is kind of nuts to say (as Sebby did) that folks in the top 2%-4% of income in the country are middle-class. But what he was really getting at was that they ain't "rich" in his view.
S_A_M
