Monday
Aug182008
Not only are we all Georgians but we’re all middle class.
Monday, August 18, 2008 at 10:12AM
When asked by Rick Warren to define "rich," John McCain said an American family needs an income of $5 million to be "rich." Get a grip, John! Any family that brings in at least $1.6 million is richer than 99.9% of American families. Even Obama's answer stretches the word "middle" beyond recognition. He said a family earning less than $150,000 per year is "middle class" or poor. Does he know that about 94% of American families earn less than $150,000? Indeed, 80% earn less than $88,000. Ezra Klein has a good post and a nice chart here.
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