re: Is a family of 4 that earns 97k/year middle class or upper class, on average?

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but briefly save the congrats.

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Come on, man? Field grade, baw?



Hopefully you got something better lined up. You didn't consider USNR as an option to nab a pension?

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For the record, i want y'alls input because someone in another thread said 100% of middle class americans qualify for obamacare subsidies

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They were arguing that like it is a good thing?

Who the frick is supposed to be paying for it?

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if they live in a average house - $600,000 --- they are struggling on 100k a year.

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if they're making 100k a year they have no business buying a $600k house

A 600k house in the bay area is a 1000 square foot fixer upper.

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Assuming both parents working...missing childcare. That eats up a big chunk of 2nd persons income.

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I thought about that but left it out because for the majority of a family of 4's existence, childcare won't be needed. But you're right. Throw in an extra $1000 for it.

We've went from a country of "Mr Robinson makes good money I want to be like that".

To.. "mr Robinson makes good money wtf makes him so privileged, I hope the govt takes his fair share"

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600k house in the bay area is a 1000 square foot fixer upper.

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Nah you can find less expensive, just not in San Fran.

Coworker just sold her place in Oakland for much less than that

That's the salary if two teachers married each other. I'm gonna say right in the middle.

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I thought about that but left it out because for the majority of a family of 4's existence, childcare won't be needed. But you're right. Throw in an extra $1000 for it.

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I don't have kids, but I would expect childcare to cost much more than that. Economic Policy Institute has averages around $5k/year for Alabama, which is one of 5 lowest in the nation. Roughly 10% of income in most states. *per child

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We've went from a country of "Mr Robinson makes good money I want to be like that".

To.. "mr Robinson makes good money wtf makes him so privileged, I hope the govt takes his fair share"

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I think politicians prey on people who are pissed about the situation they were born in.

Truth be told....I grew up ugly, nearly blind, and poor in a very small town in Louisiana. I somehow do pretty well for myself today. Part of that was because I wanted a little more out of life than a truck, a trailer, a boat, and a pair of white shrimp boots. I had some exposure to people who had advanced degrees and successful careers.