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View Diary: White House Fights Back: Boehner is "Deeply Irresponsible." (177 comments)

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  •  Here in California $100,000 doesn't go (3+ / 0-)
    Recommended by:
    tikkun, Christin, sethtriggs

    nearly as far as it does in other parts of the country.  I would imagine that this is true for NYC and some other big cities.  People who make 100k are definitely middle class where I live.  They pay a mortgage and they live paycheck to paycheck just like the rest of us.  They may drive a Lexus and their house may have an extra bedroom, but it is a very minor difference here where houses typically cost about $400k (or more in the bay area, San Diego, Orange County and parts of the Los Angeles basin).

    "I watch Fox News for my comedy, and Comedy Central for my news." - Facebook Group

    by Sychotic1 on Thu Nov 29, 2012 at 06:43:20 PM PST

    [ Parent ]

    •  I live in CA and I have mixed feelings on this (1+ / 0-)
      Recommended by:
      lina

      The median income is only above $100K in the nicest parts of Silicon Valley and San Francisco. Somehow this comes down to is "I don't have anything left after I spend it all."

      I agree taxes ought to be indexed to cost of living somehow but $100K is NOT a middle-class income, unless you're only looking at the people in your (most expensive) city and not the less expensive ones five miles away.  And believe me, I say this as a resident of one of those areas (my under-1500 sf rancher on 1/5 acre (8000 sf) is now in 7 digit land again). You look at my house, it's a "middle-class house" except it's in one of the Top 500 most expensive zip codes in the country.

      And people tend to compare themselves only to others in their income bracket, while ignoring all the others doing worse.

      The root problem is conflating middle-class lifestyle (house, 2 cars, etc) with middle class income. For those of us in high-income areas, the numbers are whack beyond belief. But guess what, the real middle class can't afford the middle class lifestyle anymore either.  The difference at the 95-99.0% level is we CAN afford it but get so much less than one would expect for that kind of income.

      •  NJ (0+ / 0-)

        No. 100K is not rich here.
        We pay the highest property taxes in the nation.
        Along with ultra high real estate.
        And ultra high rent and car insurance.
        And NJ comes in first in paying the most in fed taxes.
        And getting the LEAST Back.

        Insane to tax us even more.
        Utterly insane and wrong and the D's would lose NJ forever.

        We consume the carcasses of creatures of like appetites, passions and organs with our own, and fill the slaughterhouses daily with screams of pain and fear. Robert Louis Stevenson

        by Christin on Fri Nov 30, 2012 at 09:14:05 AM PST

        [ Parent ]

        •  I am FROM New Jersey. It's more expensive (0+ / 0-)

          out here.  Our housing prices more than make up for your property taxes.  Anyone moving out here from the East is shocked at how they get 1/3 the house on 1/4 the land for 3x the price.

          Our weather is expensive.

      •  Then what is middle class? (0+ / 0-)

        To me, middle class is being able to pay of all of what you need (shelter, food, transportation) and some of what you want.  

        If you have to go to work every day, and if, even when you are careful, are only 30-90 days from insolvency, that is today's middle class.

        I agree that the middle class is being dragged down.  I make far more money than most of my friends, but I started at the very bottom and spent my whole career working my way up to the wage I enjoy (greatly) right now.  As a single parent, I spent much of my adult life on the edge of financial disaster.  I still live below my means, but even I have difficulty helping my grown son with school and or living expenses.  I am trying to help him stay debt free, which is why he is in community college.

        "I watch Fox News for my comedy, and Comedy Central for my news." - Facebook Group

        by Sychotic1 on Fri Nov 30, 2012 at 03:58:50 PM PST

        [ Parent ]

        •  That was my point, middle class would mean (0+ / 0-)

          30-70% of income.  But by defining it by what you can get for that income, it clearly shows that just about everyone under 98% has slipped, and only 99.9% and up has gained ground.

          Think about how the lifestyle that used to require one income now is barely feasible with two.

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