Sorry, Pal, You're Rich

hers is the bottom line for both sides: with very few exceptions, people making more than 250K a year have made the choice early on to get to that level - and they worked hard and sacrificed to get there. they deserve those rewards. if you don't make 250K or more and think you deserve it, then work towards it: this is the land of opportunity and I promise you that if you pay the price, you get the rewards. both sides should stop bitching. it is about personal choice and acecpting tradeoffs.

I earn nearly that amount, I live in Ct, one of the wealthiest towns in Ct, and I am NOT rich. yes, I have a nice house, 2 new cars, and I want for little...but rich, i think not. Rich is liquid, rich is buying whatever you want whenever you want. Rich is millions, at least in this country. They say you can't retire on 1m anymore, guess what, they are right, you can't...250k, lets say someone gets lucky and makes that in one year but 100k every other year. Does that make them rich? Again, it doesn't. 250k is a lot of money, but after gas, mortgage, kids, schools, food, cars, and everything else, whats left. 250 is what it take to have a good life nowadays, which is sad sad sad. it was rich 15 years ago, now it's no big deal!

One should remember that John McCain's comments about love, family, etc. defining "richness" came only after he had asserted, for all the world to hear and with a straight face, that "rich" begins at $5 million. It was only after his campaign gauged the reaction to such utter nonsense that McCain "revised" his definition.

Average home cost 625,000 in Santa Clara County. I don't feel bad for people in Montana who can make 30K / year and afford to live in 3,000 sq. foot home.

We need to be careful before to tax the corp. America- It'll come out in job cuts and additional jobs shiffting to India & China.

Did ANYONE hear that comment that I think Obama made at Invesco about "credit cards bills you can't pay"?
I think if anyone has credit card bills that they can't pay then it is no one's fault but their own... because guess what! NO ONE holds a gun to anyone's head and makes them use a credit card. If you have credit cards you can't pay it is because you lack the discipline to not spend money that you don't have...that is why the banks call them CREDIT cards. DUH. So are we supposed to feel sorry for someone that has credit cards they can't pay... is Obama suggestying that the government bail these individuals out too.?

Well, Michele Obama made $275,000 per year in the hospital industry. Enjoy voting for your fake middle-Americans, Democrats!

I got the perfect solution for the liberals. How about the government takes out a giant loan from China - say a few billion dollars. Then we can all quit our jobs and grow fat and lazy living off government checks.

My daughter is an attorney. She worked for a law firm and, at 29, was making $250,000. She owned a condo and a nice car, but she had no life. So she left the law firm and got a job as an attorney for a government agency, making about 45% of her previous salary. Having judiciously saved a good bit of her earnings, she is able to continue to pay for her condo, her car, and her student loans, although her spending on clothes, spa sessions, etc, has been cut way down. She met a wonderful young man and is engaged to be married. At the law firm, she had no time to meet men. She is much richer now than she ever was when she made $250,000.

Yorkielover2 -- I tell these folks to quit being so naive. Planning your financial future, including retirement, is a personal responsibility. If my employer promises me a nice pension when I retire, I'm smart enough to know that I should not count on it -- and that I should continue saving the same rate I have been. You can't lose what you never considered, and should not have considered, a sure thing. Quit thinking that anyone should save you but yourself. Figure out what you need to have saved by retirement and start saving to reach that goal. It's all common sense -- but no one wants to accept what requires work, planning and discipline. They'd rather hang their future on a promise from their employer that everything will be taken care of.

Evidently, it's those who are making $250,000 who apparently warrant attention. Those of us making under $15,000.00/year are up the proverbial creek and no one anywhere is about to throw us a paddle. Apparently, those of us who have to basically "slave" for every penny we earn, aren't worth listening to or acknowledging. It's a sorry state of affairs when it's the 'privileged' who somehow set the standard for the rest of us. Beginning to wonder if it's really worth living in this country.