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re: what is considered middle and upper class in louisiana?

Posted on 3/29/07 at 6:27 pm to
Posted by Rebel
Graceland
Member since Jan 2005
137903 posts
Posted on 3/29/07 at 6:27 pm to
quote:

Karma thinks finding 20 million dollars isn't a form of income


karma -- p man may have been giving you the ropadope. cause any way you slice it, that 20 mill is income.



btw 20 mill falls under the the doube comma rule and qualifies you to become upperclass. doesn't mean that you are guranteed a spot in the upperclass, but you at least qualify.

Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:28 pm to
I think it's clear that the question was referring to the monetary upper class and not the social class.

Posted by Rebel
Graceland
Member since Jan 2005
137903 posts
Posted on 3/29/07 at 6:30 pm to
quote:

the monetary upper class and not the social class.


then the double comma rule applies.

Posted by just me
Front of the Class: Schooling You
Member since Mar 2006
34489 posts
Posted on 3/29/07 at 6:31 pm to
Back to the original question: what is considered middle and upper class in louisiana?

Class is primarily based upon family history (peerage) and wealth.

A. Personal income is not one of the factors that determines family history.

B. Personal income is only one of many factors that can be used to determine wealth.
• Wealth cannot be determined without a consideration of assets.
• One can be wealthy without income. See Trust Fund Babies.
• One can have a high income without being wealthy.
• Income can only make someone wealthy if it is joined with the proper expenses and duration.
Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:31 pm to
quote:

then the double comma rule applies.


Right

And someone raking in 700K a year will have double comas in the net wealth department in a relatively small amount of time
Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:31 pm to
i dont understand the debate here..

if someones makes 300k, they are obviously upper class financially. we're not talking about social class or how much of that money they decide to spend on crap. the financial classes are defined on your annual income.
Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:32 pm to
quote:

Class is primarily based upon family history (peerage) and wealth.


So you're saying that terms like middle class have no meaning?

You're talking about social class, not monetary class which was clearly the topic in question when the thread was started.
Posted by Rebel
Graceland
Member since Jan 2005
137903 posts
Posted on 3/29/07 at 6:33 pm to
quote:

And someone raking in 700K a year will have double comas in the net wealth department in a relatively small amount of time


well they should.

Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:36 pm to
quote:

People with high incomes also incur high expenses.


in your world there is no lower class, middle class, etc? if so, how do you define it?
Posted by just me
Front of the Class: Schooling You
Member since Mar 2006
34489 posts
Posted on 3/29/07 at 6:37 pm to
quote:

in your world there is no lower class, middle class, etc? if so, how do you define it?
Of course there is middle class and lower class.

Don't be absurd.
Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:38 pm to
quote:

Of course there is middle class and lower class.


how do you differentiate between the two?

Posted by Casty McBoozer
your mom's fat arse
Member since Sep 2005
35495 posts
Posted on 3/29/07 at 6:40 pm to
quote:

how do you differentiate between the two?



Certainly not by income
Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:40 pm to
quote:

well they should.


And only under extreme circumstances will they not

Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:40 pm to
quote:

Certainly not by income




wow, im so confused. i dont see how this is debatable..
Posted by Rebel
Graceland
Member since Jan 2005
137903 posts
Posted on 3/29/07 at 6:41 pm to
quote:

how do you differentiate between the two?


i actually learned this from powerman.

the lowerclass buys the most expensive shite they don't need and the least expensive shite they do need.

Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:42 pm to
quote:

the lowerclass buys the most expensive shite they don't need and the least expensive shite they do need.


ghettonomics 101

But in all seriousness

Anyone who claims someone making 700K a year is middle class is extremely stupid
Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:43 pm to
quote:

Anyone who claims someone making 700K a year is middle class is extremely stupid


surely no one actually said that..
Posted by Powerman
Member since Jan 2004
164928 posts
Posted on 3/29/07 at 6:47 pm to
quote:

surely no one actually said that..


Chicken did actually
Posted by rmcc316
Here
Member since Feb 2004
44437 posts
Posted on 3/29/07 at 6:48 pm to
quote:

Chicken did actually


he should ban himself for a week.
Posted by gadknot
Reality
Member since Jul 2005
37306 posts
Posted on 3/29/07 at 6:58 pm to
nothing like a bunch of poor people arguing about making 700k a year.
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