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re: what is considered middle and upper class in louisiana?
Posted on 3/29/07 at 4:15 pm to Chicken
Posted on 3/29/07 at 4:15 pm to Chicken
quote:YOU'RE JUST INSANE.
Sounds like lower upper middle class to me.
YOU'VE LOST YOUR MIND.
WHAT IS YOUR MALFUNCTION?
DO YOU HONESTLY THINK THAT JUST BECAUSE YOU OWN THIS SITE YOU CAN TYPE ANYTHING YOU LIKE AND BE RIGHT?
I'd say it's more like middle lower upper class.
Posted on 3/29/07 at 4:15 pm to Powerman
Pssst...Powerman...can you get me that link, man??? I am going nuts over here listening to that Jeopardy song.
Posted on 3/29/07 at 4:17 pm to Powerman
quote:
but you're well above the middle class as far as income distribution is concerned
All depends on you're definition. If you look at SG_Geaux's chart, I'm in the upper middle class....in that one upper classs is considered top 1% of income. You most likely think that I'm upper class b/c to you I am....but to professional athletes,movie stars, etc. I'm just another peon.
Posted on 3/29/07 at 4:20 pm to Chicken
Here is your link chicken
It looks like this fellow divided the upper class into the lower-upper class and the upper-upper class (the elitists you are referring to)
So it looks like I was right when I said that the elitists were just a subset of the upper class.
Looks like you were half right when you considered the elite to be in the upper class as well so I'll give you that much
LINK
quote:
Upper class
Further information: American upper class
This term is applied to a wide array of elites that exist in the United States. The term commonly includes all "blue bloods" (multi-generational wealth combined with leadership of high society) such as the Astor or Roosevelt families. There is disagreement over whether or not the "nouveau riche" should be included as members of the upper class or whether or not this term should exclusively be used for established families. Twentieth century sociologist W. Lloyd Warner divided the upper class into two sections: the upper-upper class and lower-upper class. The former includes established upper-class families while the latter includes all those with great wealth. As there is no defined lower threshold for the upper class it is difficult, if not outright impossible, to determine the exact number or percentage of American households that could be identified as being members of the upper-class(es).
Income and wealth statistics may serve as a helpful guideline as they can be measured in a more objective manner. In 2005, approximately one and half percent (1.5%) of households in the United States had incomes exceeding $250,000 with the top 5% having incomes exceeding $157,000.[13] Furthermore only 2.6% of household held assets (excluding home equity) of more than one-million dollars. One could therefore fall under the assumption that less than five percent of American society are members of rich households.
It looks like this fellow divided the upper class into the lower-upper class and the upper-upper class (the elitists you are referring to)
So it looks like I was right when I said that the elitists were just a subset of the upper class.
Looks like you were half right when you considered the elite to be in the upper class as well so I'll give you that much
LINK
Posted on 3/29/07 at 4:21 pm to Chicken
Yo, Powerman, if you don't mind, I think I will just turn that Jeopardy song off now. I will assume you don't have a source for your opinion. I have looked at a half-dozen web pages that discuss "What is the upper class?" and all have backed up my opinion.
Posted on 3/29/07 at 4:21 pm to Chicken
You're too late
Posted on 3/29/07 at 4:22 pm to Chicken
quote:
I think I will just turn that Jeopardy song off now.
Posted on 3/29/07 at 4:26 pm to Powerman
According to the private message I just got, I agree with Chicken. I'd like to say:
"My quick research shows that everything Chicken says is accurate. I don't know why Powerman is bothering to argue it."
"My quick research shows that everything Chicken says is accurate. I don't know why Powerman is bothering to argue it."
Posted on 3/29/07 at 4:27 pm to Powerman
Powerman, your quoted text further supports me, especially the first paragraph. It doesn't state that upper middle class = lower upper class.
And in the second paragraph, it is just another tired discussion about income distribution, but it, in no way, made a correlation between income level and class.
Warner's classification "lower upper class" was created to include the nouveau rich...eg, the Mark Cuban's of the world, not schmucks making $250,000 a year.
/thread
And in the second paragraph, it is just another tired discussion about income distribution, but it, in no way, made a correlation between income level and class.
Warner's classification "lower upper class" was created to include the nouveau rich...eg, the Mark Cuban's of the world, not schmucks making $250,000 a year.
/thread
Posted on 3/29/07 at 4:29 pm to Chicken
No
I think it's clear they intended to put people making 250K a year into the lower-upper class group
They wouldn't have brought it up otherwise
I think it's clear they intended to put people making 250K a year into the lower-upper class group
They wouldn't have brought it up otherwise
Posted on 3/29/07 at 4:33 pm to Powerman
I'd like to say:
"Powerman, you should just stop now. You don't to be this wrong twice in one day."
(Was that okay? Or should I say it with more feeling?)
"Powerman, you should just stop now. You don't to be this wrong twice in one day."
(Was that okay? Or should I say it with more feeling?)
Posted on 3/29/07 at 4:34 pm to Powerman
quote:No, it is clear that they wanted to say that people making 250k are "rich", but nowhere do they say that someone making 250k has great wealth, which is what they use to describe the upper class.
I think it's clear they intended to put people making 250K a year into the lower-upper class group
*** can someone give Powerman a standing 8 count? ***
Posted on 3/29/07 at 4:40 pm to Chicken
Powerman evidently does not own a house, cars, kids in private school, loans etc.
Not that anything is wrong with that.
Not that anything is wrong with that.
Posted on 3/29/07 at 4:43 pm to Chicken
Everyone keeps talking about income, when the person's net worth ultimately depends on income vs expenses. Some upper class people have old money, some are starting make their own.
the upper class has the ability to purchase the most expensive homes in the city, drive the chic cars, and join the expensive clubs (garden, country club etc.). They are the driving financial forces and controllers of the community.
Designation of the class depends on comparison of the person to the people around him. Some of the richest people in Baton Rouge would be considered "country comes to town" in Manhattan.
In my opinion, upper class means a person is a) in the highest income tax bracket b) has a net worth that enables him unlimited buying power compared to his surroundings c) has a precedence of social, economic, and/or financial influence.
And powerman, you have to understand that in no way does "money" denote "class".
If you won the powerball tomorrow, do you think you'd be accepted immediately into the halls of the City Club in New York, even if you were richer than them? Think Rodney Dangerfield in Caddyshack man. Richer than god. But not upper class.
the upper class has the ability to purchase the most expensive homes in the city, drive the chic cars, and join the expensive clubs (garden, country club etc.). They are the driving financial forces and controllers of the community.
Designation of the class depends on comparison of the person to the people around him. Some of the richest people in Baton Rouge would be considered "country comes to town" in Manhattan.
In my opinion, upper class means a person is a) in the highest income tax bracket b) has a net worth that enables him unlimited buying power compared to his surroundings c) has a precedence of social, economic, and/or financial influence.
And powerman, you have to understand that in no way does "money" denote "class".
If you won the powerball tomorrow, do you think you'd be accepted immediately into the halls of the City Club in New York, even if you were richer than them? Think Rodney Dangerfield in Caddyshack man. Richer than god. But not upper class.
This post was edited on 3/29/07 at 4:47 pm
Posted on 3/29/07 at 4:45 pm to Powerman
{Alright, alright, but this is the last time.)
I'd lke to say:
"Uhhh, Powerman, you may want to stop now so you don't sound any more like the class idiot..."
(They might even think those are my words because they are almost funny.)
I'd lke to say:
"Uhhh, Powerman, you may want to stop now so you don't sound any more like the class idiot..."
(They might even think those are my words because they are almost funny.)
Posted on 3/29/07 at 4:46 pm to White Shadeaux
quote:
Powerman evidently does not own a house, cars, kids in private school, loans etc.
Right
But if I made 700K a year I wouldn't have any problem paying bills
700K year does not equal middle class
Chicken's own link claims that it doesn't.
Well for the purpose of this stupid argument let's look up what middle class actually means
From wiki:
Sociologists such as Dennis Gilbert, Willam Thompson and Joseph Hickey estimate the upper middle class to constitute roughly 15% of the population. Using the 15% figure one may conclude that the American upper middle class consists of professionals making more than $62,500 who commonly reside in households with six figure incomes.[7][10][1][5] The difference between personal and household income can be explained by considering that 76% of households with incomes exceeding $90,000 (the top 20%) had two or more income earners.[7]
So if you're single 62K makes you upper middle class
But 700K would put you in the same category
Posted on 3/29/07 at 4:48 pm to Powerman
700k would mean that you were making a lot of money. not that you were all of the sudden, "upper class"
you need to separate wealth from class in your mind.
you need to separate wealth from class in your mind.
Posted on 3/29/07 at 4:48 pm to White Shadeaux
quote:No shite...the dude making $500k is sending $200k to the government, and if he buys an expensive home, could be sending $60,000 to the mortgage company, and if he is has three children in private school, is sending $40,000 there. He could easily spend $100,000 a year on his credit cards. After adding up miscellaneous bills, and charitable donations, car notes/lease payments, vacations, etc...he could have about $70,000 left over. Very nice, but not upper class...not even close.
Powerman evidently does not own a house, cars, kids in private school, loans etc.
Don't worry, Powerman, we can be middle class schmucks together...
Posted on 3/29/07 at 4:49 pm to LSU Fan 90812
quote:
you need to separate wealth from class in your mind.
No
You need to recognize that someone making 700K isn't fricking middle class
They're upper class, just not elite upper class.
This is getting stupid
Posted on 3/29/07 at 4:51 pm to Chicken
quote:
No shite...the dude making $500k is sending $200k to the government, and if he buys an expensive home, could be sending $60,000 to the mortgage company, and if he is has three children in private school, is sending $40,000 there. He could easily spend $100,000 a year on his credit cards. After adding up miscellaneous bills, and charitable donations, car notes/lease payments, vacations, etc...he could have about $70,000 left over. Very nice, but not upper class...not even close.
If you are netting 300K a year, you're doing very well for yourself. You're talking about 100K a year on credit cards. Middle class families simply do not put 100K a year on credit cards and have 70K leftover
You're being ridiculous
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