The median income for Americans is about $50,000. Thus...
Question: Is $100,000 middle income?
Answer: No, middle income is $200,000 to $250,000 and less.
The question was being asked by George Stephanopoulos and answered by Mitt Romney.
Advertisment
Why I'm not surprised from the ignorant arrogance of Romney?
Regards,
Mauro.
This isn't even a mean/median mistake. Mean income is still under $75k.
I can't even make sense of his answer. It seems completely nonsensical to me.
In the range of 200K-250K...and less? Am I just reading it weird?
I think he took a rough stab at estimating the number, came up with the nearest one million dollars, figured that was a little high, so he cut it down a bit. So, it is an accurate estimate, rounded up to the nearest quarter mil.
Wow. I should've tried that in college.
Tamino has a graph of it up. Hilarious, you should link it Greg. And share it all across the interwebs.