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

Posted on 3/30/07 at 2:06 pm to
Posted by MississippiLSUfan
Brookhaven
Member since Oct 2005
12524 posts
Posted on 3/30/07 at 2:06 pm to
quote:

If you're talking about economic class then you're not right


My wife and I are both RNs and both of us work full-time. We are not poor but we both have to work full-time...no choice. We don't own credit cards but still have debt. A better question would be income verses debt.

People who presumeably have a comfortable income may not always be as comfortable as they seem from the outside. They could be working slaves to their banks.

BTW..in our poor little state, we would definitely be considered upper income.

Please, no jokes about about the paper-boy being a tycoon in MS! I've heard them all!

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
450776 posts
Posted on 3/30/07 at 2:09 pm to
quote:

A better question would be income verses debt.

and where you live

and your job's upward prospects
Posted by Powerman
Member since Jan 2004
164961 posts
Posted on 3/30/07 at 2:09 pm to
Also...Chicken is trying to tell us that people who make 20 times the median income in LA are still middle class

As far as economic class goes, that's an absurd statement.
Posted by MississippiLSUfan
Brookhaven
Member since Oct 2005
12524 posts
Posted on 3/30/07 at 2:11 pm to
good points, both.
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 2:13 pm to
This thread is the first time I have ever seen economic class defined solely on one's income level.

I have seen Economic class used to group professions and types of jobs together, but have only seen social classes used to group people by many factors including income, net worth, political influence, etc.

Lower, middle, and upper are all social classes. You are just making shite up.

quote:

And since we're morons for confusing income distribution with class, wouldn't that also make you a moron when you tried to come up with a dollar figure yourself?
My dollar figure (7-figures in taxes) had nothing to do with salary but more to illustrate someone with a high net worth (ie, someone whose prime source of income comes from investment and not necessary his or her salary).

Posted by Powerman
Member since Jan 2004
164961 posts
Posted on 3/30/07 at 2:16 pm to
quote:

This thread is the first time I have ever seen economic class defined solely on one's income level.


Well the thread was asking that particular question

Income level is generally the most relevant factor in determining wealth.
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 2:18 pm to
Being that it is so cut and dry, what is the salary cut off for upper class?

This post was edited on 3/30/07 at 2:19 pm
Posted by Powerman
Member since Jan 2004
164961 posts
Posted on 3/30/07 at 2:19 pm to


According to this picture, the top 1% would put you in the upper class.

That would be in the ballpark of 350K a year but that's really just an estimate. I don't that you can define it with such clear break points.

I need to get to class. We'll resume this later
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 2:21 pm to
So, someone that makes $300,000 is upper middle, but the guy that makes $350,000 is upper?

Right....
Posted by MississippiLSUfan
Brookhaven
Member since Oct 2005
12524 posts
Posted on 3/30/07 at 2:22 pm to
quote:

I have seen Economic class used to group professions and types of jobs together, but have only seen social classes used to group people by many factors including income, net worth, political influence, etc.


I've known millionaires that owned titty bars and spent most of their waking hours there...where does that put them socially as far as class? Is there a titty afternoon tea at the country club? Is there a benefit for titty bar dancers that have had a mascectomy and need supplemental income? Would even one politician attend?

Class is a totally separate issue from income. I have no class so I know, dammit!

I would attend the benefit.
Posted by BS
Baton Rouge
Member since Sep 2005
16533 posts
Posted on 3/30/07 at 2:32 pm to
So Chicken according to that chart, you're in upper middle class huh?
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/30/07 at 2:34 pm to
quote:

Income level is a relevant factor in determining wealth.


Fixed it for you.
This post was edited on 3/30/07 at 2:35 pm
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 2:34 pm to
quote:

where does that put them socially as far as class?
Sounds like upper middle class.
Posted by Powerman
Member since Jan 2004
164961 posts
Posted on 3/30/07 at 3:43 pm to
quote:

Fixed it for you.


So you don't think it's the most relevant factor?
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 3:55 pm to
Sooo...what is the income cut off for upper class, Powerman?

This post was edited on 3/30/07 at 3:55 pm
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/30/07 at 3:56 pm to
Ok. Let's say your dad is a multi millionaire. You do nothing but mooch off of him. You've never worked don't make money, nada. You're 25.

Your income since you've been born. $0.

Are you still living in a matter that's considered upper class? You go to the nicest parties. You drive the nicest car. You went to the best school in NY.

What's your income?

Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 4:04 pm to
karma, just get him to tell us what the salary cutoff is for the upper class...after all, the question was "what salary ranges make up the middle class and upper class in louisiana?"
Posted by Powerman
Member since Jan 2004
164961 posts
Posted on 3/30/07 at 4:06 pm to
quote:

Your income since you've been born. $0.


The money you've mooched is income whether you like it or not

If you have an income of 0 dollars, you're homeless
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/30/07 at 4:07 pm to
quote:

The money you've mooched is income whether you like it or not

If you have an income of 0 dollars, you're homeless


Nope. The money is not your own. Look at the definition of income again boy.
Posted by Chicken
Jackassistan
Member since Aug 2003
24338 posts
Posted on 3/30/07 at 4:07 pm to
quote:

If you have an income of 0 dollars, you're homeless


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