Wednesday, August 05, 2009
Only the Conservative Chronicle...
Only a conservative newspaper such as the Chron would describe the top .1% as "the other half."
For reference the median household income in the US is a tad over $50,000. That's where the boundary between the two halves is. Nowhere near buying you a $4.5 million beach house.
For reference the median household income in the US is a tad over $50,000. That's where the boundary between the two halves is. Nowhere near buying you a $4.5 million beach house.
Comments:
"How the other half lives" is a pretty common idiom, and half does not really mean 50% in that context.
Although I agree that people who can afford 4.5 million dollar homes is a stretch even for this metaphor.
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Although I agree that people who can afford 4.5 million dollar homes is a stretch even for this metaphor.
