[Homestead] "The Formerly Middle Class " - Commentary
bob ford
bobford79 at yahoo.com
Tue Nov 18 12:01:44 EST 2008
Those socio-economic labels are horrible in their ability to define. Middle Class doesn not really mean "middle income" and middle income can vary vastly depending on one's location. To me, middle class means security in the neceesities of shelter,water, food, and health, with some left over for fun.
So a self -employed carpenter or farmer in (name your small town) making (name your income) with a mostly paid-off house, and a healthy family is more middle class than a middle managesment type or professional making (6-12 times that of the carpenter) with higher property taxes, income taxes,city taxes, fees , higher insurance on everthing, higher mortage, and an unhealthy family member.
It really is all relatives and we don't have, yet, adequate terms of definition.......bobford
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--- On Tue, 11/18/08, VAN DELL JORDAN <vdjor at yahoo.com> wrote:
> From: VAN DELL JORDAN <vdjor at yahoo.com>
> Subject: Re: [Homestead] "The Formerly Middle Class " - Commentary
> To: bobford79 at yahoo.com
> Date: Tuesday, November 18, 2008, 9:51 AM
> --- On Tue, 11/18/08, bob ford <bobford79 at yahoo.com>
> wrote:
>
> > p.s. I still say that actual 'hard-working'
> middle
> > class (or what-ever label) will be hurt more than
> those who
> > bought Ship's bell Clocks from Tiffany's on
> Credit
>
>
> Middle class covers a lot of ground. I grew up in the
> middle class though when census bureau created a definition
> of poverty, I was surprised to find that our family income
> put us in that category. And I've met some very wealthy
> people, none of whom I could label upper class.
> Van Dell
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