Well Actually He Thinks That’s a Poor Family, At Least as Far as His Friends and Associates are Concerned
When the Census Department published its annual study of family income it found that after adjusting for inflation the median family income of $50,000 in 2011 was the same as it was 15 years earlier. The median family, the people in the middle of the middle class are the same as they were 15 years ago.
This fact, like many other facts is lost on Republican Presidential candidate Mitt Romney, in whose mind the middle class is a family with about $200,000 to $250,000 a year.
|Frobes Reports on the|
Romney Middle Class Folks
"No one can say my plan is going to raise taxes on middle-income people, because principle number one is (to) keep the burden down on middle-income taxpayers," Romney told host George Stephanopoulos.
"Is $100,000 middle income?" Stephanopoulos asked.
"No, middle income is $200,000 to $250,000 and less," Romney responded.
Of course in the real world, the one with facts and data and statistics what Mr. Romney thinks is the middle class is really less than 5% of the total families in the nation. But Mr. Romney has never let reality get in the way of his campaign, so why would anyone expect him to do so now.