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carolinayellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:44 AM Original message |
How does the middle class afford its lifestyle? |
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GOPisEvil (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:47 AM Response to Original message |
1. Overextension of credit... |
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NewYorkerfromMass (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:41 AM Response to Reply #1 |
24. yep...leveraged out the wazooo |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:44 PM Response to Reply #1 |
95. Overextension of Credit. The Correct Answer. |
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ixion (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:49 AM Response to Original message |
2. I think many are living beyond their means... |
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molly (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:49 AM Response to Original message |
3. Is there a chart somewhere that has |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:58 AM Response to Reply #3 |
7. !!!!! |
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jmcgowanjm (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:08 AM Response to Reply #3 |
14. there is no middleclass in the US-destruction began in '73 |
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carolinayellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:43 AM Response to Reply #3 |
27. Here are state medians as of most recent stats |
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molly (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:50 AM Response to Reply #27 |
32. Thanks! |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:09 PM Response to Reply #32 |
50. Alaska-- low population, high proportion of roughnecks |
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NewYorkerfromMass (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:29 PM Response to Reply #50 |
75. also very expensive to live there |
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Corgigal (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:50 AM Response to Original message |
4. Hey CYD |
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Skittles (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:51 AM Response to Original message |
5. I see extreme sense of entitlement all around me |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:02 PM Response to Reply #5 |
56. Yep. My Sister-In Law is like that |
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Stanchetalarooni (838 posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:55 AM Response to Original message |
6. Take a $ bill out of your wallet. |
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jmcgowanjm (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:58 AM Response to Original message |
8. REFI's-the only thing floating USAEconomy |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:59 AM Response to Original message |
9. Well, One Reason Everyone Seems to Live Better Than Their Means |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:51 AM Response to Reply #9 |
34. Good Point |
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SharonAnn (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:02 PM Response to Reply #34 |
57. Sort of like Warren Buffet |
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thom1102 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:02 AM Response to Original message |
10. It's like that commercial |
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Starpass (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:05 AM Response to Original message |
11. Here's the real horror story hidden in it all |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:08 PM Response to Reply #11 |
59. Yup! And add to that the rapidly aging population |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:16 PM Response to Reply #59 |
61. Wow! You should be proud about your savings account! |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:30 PM Response to Reply #61 |
64. we are proud |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:42 PM Response to Reply #64 |
66. My Boyfriend's Dad keeps bothering us about renting also |
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sable302 (597 posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:35 PM Response to Reply #59 |
65. You do not know how good |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:22 PM Response to Reply #65 |
79. it is the good life |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:34 PM Response to Reply #79 |
83. $200 Per Month On Groceries? |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 08:37 PM Response to Reply #83 |
90. well, we buy alot at Costco |
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Lauren2882 (313 posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:20 PM Response to Reply #59 |
78. Marriage |
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Heddi (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:30 PM Response to Reply #78 |
80. well we lived together for 3 years before we got married |
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Lauren2882 (313 posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:35 PM Response to Reply #80 |
84. Good points |
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fortyfeetunder (1000+ posts) Send PM | Profile | Ignore | Sat Aug-09-03 12:29 AM Response to Reply #59 |
99. My 700th post on consumerism |
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juajen (1000+ posts) Send PM | Profile | Ignore | Sat Aug-09-03 12:58 AM Response to Reply #59 |
102. Well, she will |
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RichM (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:07 AM Response to Original message |
12. Yes, that time is coming.... // Kevin Phillips' book is relevant to the |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:24 PM Response to Reply #12 |
74. Another interesting point from Phillips' book |
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trof (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:08 AM Response to Original message |
13. I like the commercial running now. |
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thom1102 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:32 AM Response to Reply #13 |
18. Hello? |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:37 AM Response to Reply #18 |
21. Yup.. |
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trof (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:40 AM Response to Reply #21 |
23. Imitation is the sincerest form of flattery. |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:42 AM Response to Reply #23 |
26. I laugh! |
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Enraged_Ape (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:51 AM Response to Reply #13 |
33. What is this ad for? |
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trof (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:31 PM Response to Reply #33 |
81. I think so. |
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jagguy (525 posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:11 AM Response to Original message |
15. no they don't live within their means |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:25 AM Response to Original message |
16. It actually started in the 50's |
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GOPisEvil (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:30 AM Response to Reply #16 |
17. Your son is smart! |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:36 AM Response to Reply #17 |
20. The funny thing is.. I bought the Bug because I always wanted one |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:34 AM Response to Original message |
19. Do the math |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:38 AM Response to Reply #19 |
22. Electric...WRONGO... |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:46 AM Response to Reply #22 |
29. $400 a month? |
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carolinayellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:48 AM Response to Reply #19 |
45. More math |
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MISSDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:58 AM Response to Reply #19 |
46. But wait, these same people |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:05 PM Response to Reply #19 |
49. Uh...You are forgetting MANY other expenses!! |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:00 PM Response to Reply #49 |
68. OK |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:11 PM Response to Reply #68 |
72. If you are talking about a couple, and they both make $40-50K |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:22 PM Response to Reply #72 |
73. Prove It |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:32 PM Response to Reply #73 |
76. Do you live in a major metropolitan area? |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:43 PM Response to Reply #76 |
77. Fine |
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revcarol (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 07:49 PM Response to Reply #49 |
87. Biggie you forgot!! Health insurance. |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:29 PM Response to Reply #19 |
51. You forgot gasoline for that big car |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:43 PM Response to Reply #51 |
52. You pay only $20 per month for water/sewer/trash? |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:08 PM Response to Reply #52 |
58. Admittedly, those prices are what I pay in Japan |
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West Coast Democrat (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:11 PM Response to Reply #58 |
60. My trash/recyle rate is separate from water/sewer |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:47 PM Response to Reply #60 |
67. It sounds like life in the USA is more expensive |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:00 PM Response to Reply #51 |
69. Ok |
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kittykitty (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:50 PM Response to Reply #19 |
54. No Savings! |
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Nederland (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:01 PM Response to Reply #54 |
70. Ok |
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teryang (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:49 PM Response to Reply #19 |
91. I just did the numbers for a very middle class |
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geomon (358 posts) Send PM | Profile | Ignore | Sat Aug-09-03 06:29 AM Response to Reply #19 |
105. Fuzzy math if I ever saw it! |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:42 AM Response to Original message |
25. So |
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carolinayellowdog (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:53 AM Response to Reply #25 |
35. Gasoline is a huge expense as is heating |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:02 PM Response to Reply #35 |
47. $280.00 a month for gasoline..It's calif.. we commute long distances |
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MISSDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:03 PM Response to Reply #25 |
48. Well I save about 25% and I invest |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:46 AM Response to Original message |
28. No Tricks |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:49 AM Response to Reply #28 |
30. That's the way to go! |
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ProfessorGAC (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:53 AM Response to Reply #30 |
36. Right You Are! |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:56 AM Response to Reply #36 |
38. After I'm out of school.. |
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supernova (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:50 AM Response to Original message |
31. Sounds like you got it down carolinayellowdog |
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cmf (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:56 AM Response to Original message |
37. Credit, sense of entitlement, optimism. |
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Kat45 (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:52 PM Response to Reply #37 |
96. Your last paragraph states a very important point-- |
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jafap (654 posts) Send PM | Profile | Ignore | Sat Aug-09-03 03:19 AM Response to Reply #96 |
104. Actually, they think they already are |
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bleedingheart (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:01 AM Response to Original message |
39. Its all about choices |
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BiggJawn (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:02 AM Response to Original message |
40. "Whats in YOUR Wallet???" |
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GOPisEvil (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:14 AM Response to Reply #40 |
41. Been there - done that! |
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shrike (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:38 AM Response to Original message |
42. I got lucky |
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MISSDem (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:43 AM Response to Original message |
43. carolinayellowdog, you took the words right |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:46 AM Response to Original message |
44. I went to a liberal arts college in PA with very |
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kittykitty (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:52 PM Response to Reply #44 |
55. "The Millionaire Next Door" |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:23 PM Response to Reply #55 |
62. Yeah |
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teryang (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 09:56 PM Response to Reply #55 |
92. I read the other book, Millionaire Mind or |
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rocktivity (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 12:46 PM Response to Original message |
53. The rich blame the shortcomings of the middle class on the poor |
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ScreamingMeemie (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 01:27 PM Response to Original message |
63. As the lendingtree.com commercial says...."They're in debt up to their |
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annonymous (850 posts) Send PM | Profile | Ignore | Fri Aug-08-03 02:09 PM Response to Original message |
71. They are living beyond their means. |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 03:34 PM Response to Reply #71 |
82. Exactly |
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maynard (514 posts) Send PM | Profile | Ignore | Fri Aug-08-03 04:05 PM Response to Reply #82 |
85. working poor |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 07:14 PM Response to Reply #85 |
86. There are families like that |
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inthecorneroverhere (842 posts) Send PM | Profile | Ignore | Fri Aug-08-03 08:23 PM Response to Original message |
88. yep- |
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TheBigGuy (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 08:32 PM Response to Original message |
89. I afford my lifestye via credit cards |
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paulsbc (314 posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:17 PM Response to Original message |
93. yes, and I'm one |
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jbm (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 10:42 PM Response to Reply #93 |
94. welcome to DU paul.. |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:20 PM Response to Reply #93 |
97. You aren't alone |
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paulsbc (314 posts) Send PM | Profile | Ignore | Fri Aug-08-03 11:39 PM Response to Reply #97 |
98. thanks |
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jiacinto (1000+ posts) Send PM | Profile | Ignore | Sat Aug-09-03 12:54 AM Response to Reply #98 |
101. Write a few more posts |
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waggawagga (128 posts) Send PM | Profile | Ignore | Sat Aug-09-03 12:48 AM Response to Original message |
100. The Median Income Statistics Commonly Used Are Misleading |
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waggawagga (128 posts) Send PM | Profile | Ignore | Sat Aug-09-03 01:06 AM Response to Reply #100 |
103. A few more thoughts |
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