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

Posted on 3/29/07 at 5:34 pm to
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:34 pm to
quote:

come on now. i'm waiting. just repeat back to me what i just said.


OK

Let me repeat what you just said

Income alone can not be a definitive factor in a person being considered upper class

There, I said something really fricking stupid. Are you happy. You said it can't be a definitive factor which is leaps and bounds the dumbest thing in this thread. If you said income alone isn't the ONLY factor then you might have sounded smart.

Too bad
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:36 pm to
quote:

But this question is not asking "cost of living".


Of course it is

It gives a location so cost of living is a huge factor in the equation

Here are the factors

income
cost of living
spending habits

If you live in LA and make 700K a year and have decent spending habits you'll be rich

There is no other way about it

Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:37 pm to
quote:

OK

Let me repeat what you just said

Income alone can not be a definitive factor in a person being considered upper class

There, I said something really fricking stupid. Are you happy. You said it can't be a definitive factor which is leaps and bounds the dumbest thing in this thread. If you said income alone isn't the ONLY factor then you might have sounded smart.

Too bad


Are you really trying to question my use of words?

Really? Considering that definitive means "conclusive" or "able to derive a definition."

Wow. You're really just going down swinging aren't you.

IT MEANS THE SAME THING YOU TWIT!
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:38 pm to
quote:

"conclusive" or "able to derive a definition."


Which doesn't mean only
Posted by Chicken
Jackassistan
Member since Aug 2003
24327 posts
Posted on 3/29/07 at 5:38 pm to
quote:

If you live in LA and make 700K a year and have decent spending habits you might be rich, but not necessarily upper class.
Fixed it for you. I need to run.
This post was edited on 3/29/07 at 5:39 pm
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:38 pm to
quote:

income
cost of living
spending habits

If you live in LA and make 700K a year and have decent spending habits you'll be rich

There is no other way about it


That's bullshite. You're backtracking.

You added EXPENSE to the equation. Which you refused to do before.
Posted by Lithium
Member since Dec 2004
63620 posts
Posted on 3/29/07 at 5:38 pm to
quote:

I think if you are upper class, that is not a concern.


Not true
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:39 pm to
quote:

You added EXPENSE to the equation. Which you refused to do before.


Expense was implied as soon as location was brought to the table

I've already said that in some areas of the country 700K would only make you upper middle class

NYC for example
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:40 pm to
quote:

Wow. You're really just going down swinging aren't you.


Look up the word factor and get back to me

You think you're winning but you're making yourself look stupid
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:41 pm to
Now if something was a definitive factor, then it would mean that it would need no other factor to define it.

It means the same fricking thing. Now you're really losing.

Give up.
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:42 pm to
quote:


Expense was implied as soon as location was brought to the table

I've already said that in some areas of the country 700K would only make you upper middle class

NYC for example


bullshite. Location implies cost of living. Not number of expenditures (aka private shcool, cars, house etc.)

And you've been saying that no matter what number of expenditures you have, 700k denotes high class.

You're wrong.
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:43 pm to
factor-one of the elements contributing to a particular result or situation

definitive-most reliable or complete, as of a text, author, criticism, study, or the like

That doesn't mean it's the ONLY factor

It just means it's the most important, which it is
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:45 pm to
quote:

factor: one of the elements contributing to a particular result or situation


quote:

definitive: conclusive


so explain to me how saying that "income can not be considered the conclusive element contributing to a person being considered upper class" is wrong again.

Man. You're terrible.
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:48 pm to
using the definition from dictionary.com

definitive-most reliable or complete, as of a text, author, criticism, study, or the like


That implies that income is the most important factor in determining whether or not one can be rich

If you don't have a high income you can't be rich

I'm right, you're wrong. What else is new?
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:49 pm to
quote:

That doesn't mean it's the ONLY factor


look boy.

First of all, you're the one that said, I should say "ONLY". I said it right the first time. There can be gazillion "factors" in any equation.

We're looking for the one that can lead us to the answer. The defining factor.

Second, when in math does something have "one factor"

I said it right the first time. you're the one being a complete idiot.
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:50 pm to
quote:

most reliable or complete, as of a text, author, criticism, study, or the like


what the frick? you're using the wrong definition you fricking idiot.

Definitive means "conclusive". Look at defnition 2.
quote:

serving to define, fix, or specify definitely
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:51 pm to
quote:

First of all, you're the one that said, I should say "ONLY"


Right and it would have been correct if you said it that way

quote:

There can be gazillion "factors" in any equation.


Some being more important than others. Some are almost negligible. In this case THE MOST IMPORTANT VARIABLE is income.

Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:52 pm to
quote:

Ever heard of compound interest


Interest from investments is part of your income

That's why you get taxed on it

I didn't think someone as smart as you would fall into that trap

You're confusing income with salary
This post was edited on 3/29/07 at 5:53 pm
Posted by LSU Fan 90812
A man more eviler than Skeletor.
Member since Feb 2005
50655 posts
Posted on 3/29/07 at 5:53 pm to
quote:

Now, I'll grant you it is EASIER to become rich with a high income. But, it is not a certanty. Nor is it a requirement.


So it's not a requirement to being High Class? Are the people with no income, who are still considered High Class?

So is Income the conclusive, defining, specifying factor in being Upper Class?

Children, please answer.
Posted by Powerman
Member since Jan 2004
164920 posts
Posted on 3/29/07 at 5:54 pm to
quote:

Okay, I'll not go into a full on financial discussion here. but, lets just say that equity growth AND interest inside of a RothIRA or Roth401k plan is NOT TAXED


But it could still be considered a form of income no?

And wouldn't this play into my argument that someone who makes 700K a year could easily be rich if they invest properly?
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