Quote:
Originally Posted by Fat Charlie
It's always good to hear from the Heritage Foundation. In 2010 the median household income in the US was $49,445. That's per household, not per capita or per job. So for half of the households (well over half of the people) in the country, socking away $17k every year isn't realistic.
Yes, there are many jobs that pay more than that, but simply instructing someone to get one of them is pretty... elitist. Sidetracking things by pointing out that people are capable of economic success is not very constructive. |
Is that a joke?
Living on $32k a year isn't realistic? How do the millions of people who actually make less than 32k manage to survive? 32k is more than I've ever made in a year. Making more doesn't mean you HAVE to spend more.
You (and everyone who makes 50k or more yet can't save a mere 17 a year) really need to read the rest of the blog from the first post:
MrMoneyMustache.com
Don't get me wrong, I don't fully agree with Sundog that all poverty is a choice (not everyone starts out with the same educational opportunities, for one - the immigrants who "make it" are the ones who INS decided to let in. They don't choose arbitrarily). If one goes to a crappy public school, is always behind due to not having had kindergarten and semi-illiterate parents, fails out of High-school, and therefor ends up at a minimum wage job, that's not just poor choices on the individuals part.
But households making 50k a year are middle class, easy, and they have NO excuse for not saving half their income.