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I thought I was giving my kids the best childhood ever until my 4-year-old asked why we didn't own a 'bigger golf cart' (www.businessinsider.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] otp 1 points 2 months ago (1 children)

There are different schools of thought.

Some schools of thought say that anyone who has to work for their money (including business owners) are not upper class.

I like going with the statistical middle class because it's less subjective regarding what it's actually the middle.

[–] [email protected] 1 points 2 months ago (1 children)

I can be less subjective. To afford the things I described I would assume a two earner household with income greater than $150k.

[–] otp 1 points 2 months ago

That's approaching the top 10% of household incomes in the US. It seems odd to me to refer to that portion of the distribution as "middle"