Black People Politics : Are You Middle Class? Romney Says No

Discussion in 'Black People Politics' started by Kemetstry, Sep 14, 2012.

  1. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    Romney: 'Middle-income' is $200K to $250K
    Is the GOP candidate too far removed from average Americans?
    By Steve Peoples, The Associated Press www.msn.com

    Mitt Romney is promising to reduce taxes on middle-income Americans.
    But how does he define "middle-income"? The Republican presidential nominee defined it Friday as income of $200,000 to $250,000 a year and less.
    The definition of "middle income" or the "middle class" is politically charged as Romney and President Barack Obama fight to win over working-class voters. Romney would be among the wealthiest presidents, if elected, and Democrats have painted him repeatedly as out of touch with average people.
    Obama also has set his definition for "middle class" as families with income of up to $250,000 a year.
    Romney's comments came an interview broadcast Friday on ABC's "Good Morning America."
    "No one can say my plan is going to raise taxes on middle-income people, because principle number one is (to) keep the burden down on middle-income taxpayers," Romney told host George Stephanopoulos.
    "Is $100,000 middle income?" Stephanopoulos asked.

    "No, middle income is $200,000 to $250,000 and less," Romney responded.
    His campaign later clarified that Romney was referring to household income, not individual income.
    The Census Bureau reported this week that the median household income -- the midpoint for the nation -- is just above $50,000.
    Obama wants to extend Bush-era tax cuts for people making less than $250,000, while Romney wants to extend the tax cuts for everyone.
    Romney has not explained how he would keep his plan from growing the nation's deficit.

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  2. Each1teach1

    Each1teach1 Well-Known Member MEMBER

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    I think we need to take a serious look at the numbers because I thought the same thing as Romney but obviously were both wrong as most people dont even come close to 250 g's a year. And if 50g's is average then middle class doesnt even exist as Ive ALWAYS SAID. There are people who got a lil something (the so called middle class, those a pay check away from poor) people who got nothing (the poor) and then theres the folks who got every **** thing (the ultra rich)
     
  3. Fieldpea

    Fieldpea Well-Known Member MEMBER

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    Interesting. I remember a good 35-40 years ago, that the definition of middle class (in $$$) ranged between $200,000/yr to $475,000/yr. Upper middle class was reported to be at approx. $500,000/yr to $950,000/yr, and then the upper class demarcation was said to begin at approx. 1 million and above.


    In fact, there were once demarcations for below the middle class level, too.


    There used to be poor, lower class, and lower middle class, and each had annual salary ranges assigned to them. So, in the intervening years, the *classification ranges* have sort of collapsed. I remember reading that info on classifications (above) in some stupid magazine while nervously waiting in a corporate reception area before a job interview.


    But also to me, since those days, there has been a sort of bifurcation that has taken place; or, somewhere along the years, there has been an actual split of sorts within the greater American conscious (tao)--such that there now exists a perceived understanding of the *definition* that speaks to describing a middle class ($$$ wise) vs. middle class (values-wise).


    One Love, and PEACE
     
  4. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    If you have a decent house, car and maybe a boat, with a few pennies in the bank, you have the comfortable illusion of middle class. If all these things are paid for, then you are at some level of middle class. At least that's what most of society believes.






    ..
     
  5. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    The american dream is really acheiving the illusion






    ..
     
  6. Fieldpea

    Fieldpea Well-Known Member MEMBER

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    You are *so right*, Kemetstry!

    :toast:

    One Love, and PEACE
     
  7. Each1teach1

    Each1teach1 Well-Known Member MEMBER

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    "The American dream" is an illusion that's why its called a dream. Society cannot function properly under this false system that's why its crumbling after a mere century. It can't work..
     
  8. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    So let us work towards a feasible reality.
     
  9. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    So basically, we are now just waking up to reality






    ..
     
  10. Each1teach1

    Each1teach1 Well-Known Member MEMBER

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    Hell if people woke up to reality at this very moment there would be a revolution before morning and blood in the streets!
     
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