That's sort of, well, wrong.
$75k here is a pretty decent income, where the median is around $30k and houses cost around $120k.
But in Silicon Valley, or say Boston Metro area, $75k ain't shite.
And the thing about the inflation we've experienced since Bush went crazy with the deficit spending in 2001 (and Obama doubled down on the craziness), is that it effects those in lower income brackets first.
What was a very comfortable income for my family 5 years ago (it's pretty much the same now as then), is now just enough to survive on thanks to significant reductions in purchasing power.
The purch power loss is more noticeable to people who make less.
Those OT ballas with tons of extra money every month may not notice it.
I notice it. At the grocery store, at the auto parts store, at the feed store, the gun store, the gas station, in the cost of medical insurance and medical services, just about everywhere.
Except shite you don't need to survive, like flat screens, ELCDs, tablets etc.
So you calling people retarded for noting obvious facts is, well, retarded.
Thanks for playing.
Now go read some shite about finance, the monetary system, and macro economics if you want to participate in a meaninful fashion rather than slinging dumb arse ad-hominem attacks.
Here's a good place to start:
market-ticker.org, zerohedge.com, peakprosperity.com, dailyreckoning.com, mises.com
You won't get the truth from the MSM or Huffpo...
Oh wait, this is the OT.