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

Posted on 3/29/07 at 3:58 pm to
Posted by TiGRB8
Bay St. Louis
Member since Sep 2004
4418 posts
Posted on 3/29/07 at 3:58 pm to
Upper class is a different class. A different class infers different total lifstyle than the people in another one. If you don't have to work a day in your life that is a totally different lifestyle that the people who do. I have two friends in BSL that don't work, but they just bought a $750k house, and a $200k boat. The husbands only job is to manage his charity. That is a different lifestyle than my friend who works his butt off for $700k/yr. Totally different. Just like me being able to afford a $300 dinner for my wife's 30th birthday. To a 'low' class person, that is totally not part of their lifestyle. I see class difference as lifstyle difference. Face it, if you make $100k a year, or you make $500k a year, you still live a similar lifestyle, just in a nicer setting. I may not be able to afford a country club membership, but I can afford to go play golf.
This post was edited on 3/29/07 at 4:01 pm
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 3:58 pm to
quote:

I think one can differentiate between trust fund babies and the upper class. They are not co-extensive.


And if you made 700K a year you could easily set aside a nice trust fund for your children

I'm 26

If I make 700K a year for the rest of my life I'd be rich

By the time I was 30 I could live in a million dollar house that is paid off and everything after that is going into investments. By the time I'm 50 I'm probably looking at 8 figures

If that's not upperclass, then I don't know what is
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 3:59 pm to
quote:

But the point of the passage was that upper class equals elite.


My point is upper class doesn't equal elite

You're not upper middle class if you make 700K a year

You're upper class

/thread
Posted by EyeOfLSU
No, it''''s not photoshopped
Member since Feb 2007
1530 posts
Posted on 3/29/07 at 4:00 pm to
quote:

And 157K and up still puts you in the top 5% which I would consider to be upper class


Maybe if you're single. My wife and I together are in about this range. Throw in 4 kids, house note, 2 car notes, student loans and this is a long long way from upper class. Don't get me wrong, we live a comfortable life, but upper class??? No way. I can't even afford to put the damn pool in that my wife keeps pestering me about.
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 4:01 pm to
quote:

Maybe if you're single.


Sorry

That refers to household income

You're in the top 5% of wage earners, like it or not
Posted by Chicken
Jackassistan
Member since Aug 2003
24323 posts
Posted on 3/29/07 at 4:02 pm to
Find me a definition that backs up your opinion...I have already cited the opinion of two well-known sociologists.

<cue jeopardy music>
Posted by just me
Front of the Class: Schooling You
Member since Mar 2006
34489 posts
Posted on 3/29/07 at 4:02 pm to
Upper class means owning two homes.
Upper class means private schools.
Upper class means not having to work past 55.
Upper class means gated neighborhood.

You can do all of that if you're earning $250k+/year.
Posted by Rebel
Graceland
Member since Jan 2005
137868 posts
Posted on 3/29/07 at 4:03 pm to
This thread is so 80's.

Posted by Chicken
Jackassistan
Member since Aug 2003
24323 posts
Posted on 3/29/07 at 4:04 pm to
quote:

Upper class means owning two homes.
Upper class means private schools.
Upper class means not having to work past 55.
Upper class means gated neighborhood.

You can do all of that if you're earning $250k+/year.
Sounds like lower upper middle class to me.
This post was edited on 3/29/07 at 4:05 pm
Posted by CadesCove
Mounting the Woman
Member since Oct 2006
40828 posts
Posted on 3/29/07 at 4:05 pm to
Let me simplify this a little. Ask yourself if Pacman Jones is upper class or just rich?
Posted by EyeOfLSU
No, it''''s not photoshopped
Member since Feb 2007
1530 posts
Posted on 3/29/07 at 4:06 pm to
quote:

Sorry

That refers to household income

You're in the top 5% of wage earners, like it or not


Come live my life and pay my bills and look at the checking account balance everyday and see if you still think I'm upper class regardless of what that chart says. Again, I'm not poor mouthing. Upper middle class??? Definitely. But to me and most others, upper class is a whole other level. Upper class is not even thinking about the balance in the bank, b/c you don't have to.
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
79546 posts
Posted on 3/29/07 at 4:06 pm to
quote:

My point is upper class doesn't equal elite

You're not upper middle class if you make 700K a year

You're upper class

/thread


Agreed. I make just over 6 figures, and live pretty comfortably. If I made 700K I wouldn't know what to do with the money
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 4:07 pm to
quote:

Find me a definition that backs up your opinion...I have already cited the opinion of two well-known sociologists.


The definition of the upper class YOU provided says that they are in the top 5% of wage earners

250K on up puts you into the top 1.5%

You're saying that 700K makes you upper middle class and not upper class

You're pulling a SFP here and arguing for the sake of arguing
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 4:08 pm to
The elite is merely a subset of the upper class

If you want to refer to the elite as the upper class then there has to be another class in between upper middle and upper class (which you believe to be the elite)

But there is no way that you can file people who make 700K a year anywhere into the middle class
Posted by Poet
Warehouse District
Member since Dec 2003
8430 posts
Posted on 3/29/07 at 4:09 pm to
quote:

You're pulling a SFP here and arguing for the sake of arguing



You just figured that out?
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 4:10 pm to
quote:

Come live my life and pay my bills and look at the checking account balance everyday and see if you still think I'm upper class regardless of what that chart says


You're in the top 5% of wage earners. You might be rich but you're well above the middle class as far as income distribution is concerned
Posted by Rebel
Graceland
Member since Jan 2005
137868 posts
Posted on 3/29/07 at 4:10 pm to
powerman- i am glad to see you have managed you tone a little better. you were on very thin ice.

Posted by Chicken
Jackassistan
Member since Aug 2003
24323 posts
Posted on 3/29/07 at 4:10 pm to
I admitted that the % is wrong, and should be corrected. But read the text...it has nothing to do with income level.

I hope you didn't have aspirations of being upper class one day...
Posted by Chicken
Jackassistan
Member since Aug 2003
24323 posts
Posted on 3/29/07 at 4:12 pm to
Powerman, I am still waiting for you to link to a page that backs up your opinion...and please hurry...that Jeopardy music is freaking annoying.
Posted by Powerman
Member since Jan 2004
164913 posts
Posted on 3/29/07 at 4:12 pm to
quote:

I admitted that the % is wrong,


No

You "claimed" that the percentage was wrong when it crushed your argument

You didn't "admit" anything
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