CosmicSex on 22 October 2018
Ka-pi96 said:
That's 40k per year, per person. And that's spending, not earning. So they'd have to be earning a lot more than that to be able to spend that much after taxes have been deducted. A family of 4 that spends 160k per year absolutely is rich, in no way whatsoever would anybody consider them to be vulnerable. |
Spending is a horrible way of calculating this. Every student with loans knows you can spend 50k a year easily without including food or anything else. You don't have to be rich to have a mountain of spending debt either. At all. When did wealth turn from earning to spending? There are rich people who do spend much money at all. Are they poor? What?
