9 ways to know if you're middle class
There's no hard-and-fast definition, but surveys show what kind of income and lifestyle you're likely to have if you -- and others -- think you're middle class.
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What is really sad is that between my wife and I we make about 120,000 a year. But with student loans, car payments, day care, mortgage payments plus rising cost we barely make enough to cover the bills. Just so you know that both vehicles have over 100,000 miles with one of them paid off. We don't live extravagant and go out to eat but once a month. My wife's student loan payment is 650 a month for the next 30 years for a job that only pays 36,000 a year. Talk about a bad investment!!!!!!!!! I don't see any of that mentioned in this so called middle class debate!!
If you have to worry about being laid off because you don't have company stock options or a golden parachute, you're Middle Class.
If you've never received a company bonus, you're Middle Class.(A little flash - Hostess wants 19 people who were part of the brilliant management team that lead the company into 2 bankruptcies to be paid a total of $1.75M in bonuses while handling the company liquidation. That's in addition to their salary)
If your raises haven't kept up with inflation for the last 10 years, you're Middle Class.
If you have a job where people who don't work 8 hours per day make sure you do, you're Middle Class.
If your parents had better benefits at their job than you do now, you're Middle Class.
If your vacation home and regular home are the same place, you're Middle Class.
My husband and I fit 4 of them. I thought we were middle class but according to this we're not that fortunate. Not having a Target close by I shop at Wal-Mart. He has a secure job but I don't. We have no health insurance because the premium is too high and the deductible is ridiculously high. We are strong Republicans because we believe in fewer government handouts, not more, and less government control, not more. We are slowly saving for a modest retirement, but cannot help our children get an education nor can we afford a week long vacation anywhere. To us, a vacation is a long weekend at his folks' in another state. Should I start standing in line for free handouts now?
I never shop at Target because they wouldn't allow the Salvation Army bell ringers at their stores here.
I'm retired, kids are grown and gone, don't need college savings.
Paid for my own education by working hard, while at the same time raising my family.
House paid off 20 years ago.
Living off 30% of my retirement income.
Have no debts and shop wisely and never use credit cards.
Have excellent healthcare till Obamacare screws it up.
I'm an Independent who will never support Obama and his communist regime.
I am probably in a better position than most people, richer and poorer.
A lot happier too.
My goal in life is to see the 28th Amendment pass, limiting government.
Where does this put me?
Forget about being middle class, the 1% in this country are selling real Americans out you will all become slaves.
My sons company hires dozens of H1b visa engineers to replace what few American engineers are left after they lay off anyone over 30. I went to visit my son at his office and it seemed like I was in a forgien country, out of 200 or so engineers maybe 12 were Amercians who spoke with no accent. The place was crawling with engineers from India and China.
While our country struggles with 10% unemployment these anti-American companies fire our people and replace them with imported labor all in the name of greed and a bonus for themselves. There was even a video posted on U-tube where a law firm instructed American companies on how to fire their American workers and replace them with imported ones and get away with it.
Recently a law was introduced by the Republicans that would make it legal to import UN-LIMITED H1B visa workers to take what few decent paying jobs this country has left. Now they will not even have to move their operations to a forgien country but can just import the labor directly to take American jobs while enjoying our infrastructure and for the time being stable country.
So forget college, forget a future, learn to speak Chinese and if you are a young female learn to sell yourself because that is the only way young Americans will be able to survive once the Republicans and their 'job creator' too big to fail masters get through with this country.
What separates the middle class from the wealthy is that we are concerned about money.
What separates the middle class from the poor is merely the number of weeks/months we could go without a job.
Yet we feel more kinship with the rich than the poor. Envy sympathy?
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Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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