The official thread for Bernie Sanders staffers that support gulags

[CosmicCowboy]

Who exactly classifies the 90% through the 99% as middle class?

Id exclude them because I don’t consider an investment banker who makes several hundred thousand dollars a year as middle class

If they aren't middle class and they aren't the 1% what do you call them? i know technically Pew Research defines middle class as 40K to 135K.

[spurraider21]

If they aren't middle class and they aren't the 1% what do you call them? i know technically Pew Research defines middle class as 40K to 135K.

are we talking individual income or household?

[DMC]

There's a lot of earning movement in that 9% though. 120K puts you in the top 10% while 300K puts you in the top 5%.

I'd consider 300K a year to be upper middle class but it depends on savings imo.

[spurraider21]

There's a lot of earning movement in that 9% though. 120K puts you in the top 10% while 300K puts you in the top 5%.

I'd consider 300K a year to be upper middle class but it depends on savings imo.

i guess without strict definitions its always subjective, but calling the top 5% upper middle seems weird imo

would you call someone in the 5th percentile lower middle class if they're earning something like 11k a year?

[Will Hunting]

If they aren't middle class and they aren't the 1% what do you call them? i know technically Pew Research defines middle class as 40K to 135K.

Upper class.

As you pointed out, Pew Research doesn’t define them as middle class.

[DMC]

i guess without strict definitions its always subjective, but calling the top 5% upper middle seems weird imo

would you call someone in the 5th percentile lower middle class if they're earning something like 11k a year?

I consider "class" to be standard of living more than raw income. If someone had no income and had the lifestyle of a billionaire, I wouldn't call them lower class.

[CosmicCowboy]

Bottom line, we cant pay for all the free by just taxing billionaires. Its gonna bite everyone that pays taxes.

[spurraider21]

Bottom line, we cant pay for all the free by just taxing billionaires. Its gonna bite everyone that pays taxes.

while i dont like going all TGY and just posting youtubes... i think this one is directly on point, and stewart does a better job than i ever could (though in the last few minutes, mostly for comedic effect, he shifts goalposts from the "bottom 50%" to the poor)

[Nathan89]

No, it really is a gift, considering there's no reduction of deficit to match it.

The fact that we have a spending problem doesn't make tax cuts a gift.

[ElNono]

The fact that we have a spending problem doesn't make tax cuts a gift.

It does, obviously, because we're borrowing to cover for it. It's as much welfare as any other government handout.