The "median" is the point at which half are above, half below. It's unclear whether Romney's idea of "middle income" refers to individual or household incomes.
http://www.commondreams.org/headline/2012/09/14-6
Published on Friday, September 14, 2012 by Common Dreams
How does GOP presidential hopeful and multi-millionaire Mitt Romney define 'middle class' in the United States?
According to his response to a question about whether or not he considers "middle class" income for Americans to be somewhere around "$100,000" by ABC's George Stephanopoulos on Friday, Romney rejected that number.
"No," Romney said. "Middle income is $200,000 to $250,000 and less."
But, as recent numbers from the US Census Bureau attest, the US median annual household income in 2011 was only $50,054. That's 1.5 percent decrease from the previous year and evidence of continuous trend of decline.
No comments:
Post a Comment