Fox Business Network commentators Neil Cavuto and Charles Payne think that a salary of $250,000 a year qualifies one to be solidly middle class but not really rich. They claim that at $250 K, " they have the same fears as someone making 50, a household making 50 grand, they really do - particularly if they live in a place like New York or Los Angeles." Actually Neil and Charles, there's a big, big difference between $250 K and the median income of $50 K; you guys should try living on $50 K, and see whether an extra $200 K wouldn't make you a lot more comfortable.
Tuesday, July 17, 2012
Fox Thinks $250 K is a Middle Class Salary
Fox Business Network commentators Neil Cavuto and Charles Payne think that a salary of $250,000 a year qualifies one to be solidly middle class but not really rich. They claim that at $250 K, " they have the same fears as someone making 50, a household making 50 grand, they really do - particularly if they live in a place like New York or Los Angeles." Actually Neil and Charles, there's a big, big difference between $250 K and the median income of $50 K; you guys should try living on $50 K, and see whether an extra $200 K wouldn't make you a lot more comfortable.
At Fox they think you are just middle class
If the salary you earn's only two-fifty K
'Though you're doing all right, lots of bills you amass;
You're not really rich, they're trying to say.
It's far better than most, you must admit.
It's five times the median; that's quite a bit.
So if for your taxes you pay a bit more,
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