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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Good Morning Everyone!!!
Ok, now that the lefties and righties have weighed in on their opinions, let's see some raw FACTS:
1. Income. making 60 to 250,000 is NOW the NEW "middle class". With the prices of everything from cars, food and housing climbing higher and higher, it is reaching a level that those making 50k or less can't achieve anymore, leading to a NEW "lower income" bracket. The bar has been raised, and many can not acheive it.
2. Target. EVERY INCOME BRACKET SHOPS THERE, AS WELL AS WALMART.
3. College savings. These days, for MANY, whether they are "rich", middle, lower class, or poor, this is non-existent. Much of their money these days is spent on ESSENTIAL living costs such as fuel, rent, mortgage, food, etc. States across the country also are cutting back on financial assistance, with their budgets already strained, making more of the burden of putting the kids through college back on the parents shoulders. So while the thought of saving those pennies and dollars for the kids education is a noble one with good intentions, it (these days) is NOT reality. And a parent these days, would rather put food on the table, pay for a car repair, or just be able to pay the mortgage rather than dump that money into a savings account that will sit dormant for years.
4. Vacations. These days, people are NOT taking the vacations they used to. I personally have seen, this past season at 3 local Sprint Cup tracks that I go to each year. Each race the grandstands are less and less full, the infield trailer parking is more and more empty, and there are less concession stands as well as vendor trailers. And this is not isolated with racing. More and more, places like Disneyland, Great Adventure, and other vacation resorts are losing patrons, simply because the middle/lower class/poor simply cannot afford the trip.
5. Owning your own home. Another failed philosophy that no longer rewards you after 30 years of a painful mortgage. Many homes after the market collapse now are under water, with homeowners (yes most middle class), stuck with trying to make back at least 1/2 of what they spent paying it off.
6. Secure job: Translation: THERE IS NO SUCH THING ANYMORE. A recent shining example of this, is what just happened with the Hostess company. Even UNIONS are now seeing that they are NOT invulnerable to layoffs and plant closures. Not to mention that once either the fiscal cliff hits, or rep's cave and allow massive tax increases on the rich, layoffs, closures, and unemployment ARE going to skyrocket. That is definate. It's just a matter of how much at this point.
7. Healthcare. Moot issue now, seeing that FORCED healthcare will be starting in about 30 days, thanks to Nobamacare.
8. More people leaning to democrats? Hmmmmm... Yea, I gotta go with that one. It's amazing that people re-elected Nobozo for 4 more years, and refused to hold him accountable for 16 TRILLION in debt. Yet these same voters replaced the gov't with democratic majorities during the 2008 campaign, blaming BUSH and the GOP for the SAME exact issues, such as climbing unemployment, stagnant economy, wasteful spending...Go figure...
9. Retirement. Seeing that social security is now all but bankrupt, unless a MASSIVE increase is done with people's ss deductions, the system WILL crash and burn less than 20 years from now.
All in all, the "middle class" that this writer describes is all but done. The economy is about to crash and burn again, and the ONLY ones that will survive if the cliff does happen are the "poor", as well as the "rich".
A dis-satisfied customer and voter...
The new definition= Making enough money that you should be debt free and have some funds to enjoy, but thanks to high prices, taxes, HEALTH INSURANCE (SCAMMERS!), rising prices on EVERYTHING, ...YOU DON'T.
THere wouldn't be so many of us if so many of them DIDN'T lean left!
To say the majority of the Middle class is Democrat is half the problem.
Forget these 9 things and consder just one. You are middle class if your "fees" and taxes go up next year and your take home pay goes down. Then, you are middle class!
I think blaming one party over the other is useless since neither party has our interests at heart. They are bought and paid for by lobbyists like labor unions, large corporations, and the biggest ever...AIPAC. These are the entities that REALLY control the country. Not your vote.
Think Obama is for the common man? Who was his biggest campaign contributor in 2008? The same one that supported Bush: Goldman Sachs. Think about it.
Uh, y'all realize there's no such thing as a "secure job"? Even politicians are only guaranteed the next 2, 4, or 6 years, depending on which office they hold. If secure jobs existed, there would be no such thing as a golden parachute.
Secure jobs can only exist where there is a guaranteed pension. The employer is going to get as much work as possible before paying for that retirement.
What you haven't been told is this, if you believe you're middle class, you're at terrible risk. The Wall Street con men will be coming for you.
It'll be based on something representative of your creditworthiness. Lie a mortgage (see Great Subprime Moretgage Scam), credit cards (see Savings & Loan Scandal), a status symbol (see Planned Obsolesence Swindle), or stock portfolio (see Margin Buying Con), or some other way of getting you to borrow more than you can afford. If they can tie it to a necessity, like shelter (the Mortgage Scam again), all the better. So it'll probably be your health care.
Under a for-profit health care system it's perfectly legal to say "your money or your life". You'll have to borrow just to stay alive. You'll be drained of all your money, your property seized, then you'll be left to die. Since there'll be plenty of debt remaining, a bailout will be demanded. The last one was over a Trillion dollars, so the next one should finish the government. The 1% will finally have what they've always wanted; an end to the pesky Bill of Rights.
Does it really matter what 'class' you consider yourself? Does that actually affect your decisions - what demographic some survey considers you to be? It's like asking "what's your sign". (Yeah, because I'm going to change my decision to purchase a car or go back to school if I'm considered middle-class.) Pathetic that the label defines the individual anymore.
The one thing I've noticed is how few of you meet all of the "basics". Apparently the middle class is disappearing.
Shall we take an informal poll? How many of us meet say, 6 of the 9 basics, without qualification? (For example, we shop at Target, but because my wife works there, & we take vacations, but have to save up for 3 years to do so, etc.)
the key is planning and trade offs. an rv home costs about $5,000 used, Parking-utilities-upkeep,
for about $4,000yr. This makes living near childrens colleges, (or vacations) greatly reduced. By
using this as a basic model, tweeked
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