View Single Post
Old 12-02-2010, 11:47 AM  
bignasty
Confirmed User
 
Join Date: Nov 2003
Location: sc
Posts: 1,421
Quote:
Originally Posted by k0nr4d View Post
Agreed.
Say you have a guy who makes $1billion a year, and 500 people on unemployment making $0, and that gives you a median income of just under $20k per person.

I would say middle class probably is 30-40k
You're confusing median with mean. In your example median would be $0.
__________________
'
bignasty is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote