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chgough34

Junior Member
Registered Member
Having 100k of household income doesn't mean much when cost of living is high.

Households with over 100k are mostly located in higher cost of living states, and their purchasing power on those states is substantially lower, so their quality of life is not that much higher.
No, they aren’t. Households with over 100K are distributed widely and broadly across the US
 

ACuriousPLAFan

Brigadier
Registered Member

4Runner

Junior Member
Registered Member
Having 100k of household income doesn't mean much when cost of living is high.

Households with over 100k are mostly located in higher cost of living states, and their purchasing power on those states is substantially lower, so their quality of life is not that much higher.
I second that. In fact I would go a step further. A family of 4 in any average middle-class town would struggle if its household income was below 100K, not just on west coast or in New England. Costs of living in "American dream" have been inflated along with the fiat monetary system in the past decades.
 

Chevalier

Captain
Registered Member
Guess who the writer is.

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Did these retards really start getting their editors to start publishing their tom clancy fanfic as News?


This clip is going viral on twitter right now; now, if i were going to ape anglo media, i'd be going 24/7 on full alex jones conspiracy theory on prime time television right now until an official government spokesman has to come out and act like the grown up and tell us to 'knock it off'.
 

sheogorath

Major
Registered Member
No, they aren’t. Households with over 100K are distributed widely and broadly across the US

That must be why those who can, are moving outside the US.

China competing with 40% of Euro-area exporters on a product-to-product basis points to China today existing very much as a technological laggard
Now I know you are just a troll.
 

chgough34

Junior Member
Registered Member
That must be why those who can, are moving outside the US.
US net international migration is net positive, including of investors and skilled professionals.

what’s particularly revealing is that during America’s industrialization - wealthy American businessmen were not all scrambling for the exits, looking to buy British property and German stocks; yet wealthy Chinese businessmen of all stripes and even upper-middle class Chinese families are all scrambling for foreign greencards, foreign real estate, foreign equities, and scrambling to migrate
Now I know you are just a troll.
If China was actually on the technological frontier, it should be able to export every manufactured HS line also exported in at least the Euro Area
 

chgough34

Junior Member
Registered Member
Facts would indicate otherwise.

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Most distributed in high cost of living states. Why you gotta lie ?
The lowest state, Mississippi has 1 in 5 households making over 100K. It’s just a simpson’s paradox: high cost of living states have more 100K earners as a relative share of the population but most 100K earners do not live in high cost of living states (and even ignoring the cost of living silliness where the costs are largely the same across metro areas outside of housing costs, which are a moot point for high income families since they pay fixed rate mortgages).
 
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