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Monday
Aug182008

Not only are we all Georgians but we’re all middle class.

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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