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View Poll Results: What is an average middle class income?
$200K-$250K 1 2.22%
$150K-$200K 0 0%
$125K-$150K 3 6.67%
$100K-$150K 3 6.67%
$75K-$100K 11 24.44%
$50K-$100K 27 60.00%
More than $300K 0 0%
Voters: 45. You may not vote on this poll

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Old 09-14-2012, 05:30 PM  
BigRedChief BigRedChief is offline
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Romey says an average middle class income is $200,000 - $250,000 true or not?

http://abcnews.go.com/blogs/politics...d-mitt-romney/

GEORGE STEPHANOPOULOS: You know Democrats are going to be wanting to get much more detail from you on how you’re going to pay for your tax cuts. We’ve heard that at the Democratic Convention. President Clinton said your math doesn’t work. I know you dispute what President Clinton said and what the Democrats that say that you’re going to have a $2,000 tax hike on middleclass families. I know you dispute that. You cite your own studies. But one of the studies you cite by Martin Feldstein at Harvard shows that to make your math work, it could work, if you eliminate the home mortgage, charity, and state and local tax deductions for everyone earning over $100,000. Is that what you propose?

MITT ROMNEY: No, that’s not what I propose. And, of course, part of my plan is to stimulate economic growth. The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It’s by encouraging the growth of the economy. So my tax plan is to encourage investment in growth in America, more jobs, that means more people paying taxes. So that’s a big component of what allows us to get to a balanced budget.

GEORGE STEPHANOPOULOS: But his study, which you’ve cited, says it can only work if you take away those deductions for everyone earning more than $100,000.

MITT ROMNEY: Well, it doesn’t necessarily show the same growth that we’re anticipating. And I haven’t seen his precise study. But I can tell you that we can lower our rates–

GEORGE STEPHANOPOULOS: Well, you cited the study, though.

MITT ROMNEY: Well, I said that there are five different studies that point out that we can get to a balanced budget without raising taxes on middle income people. Let me tell you, George, the fundamentals of my tax policy are these. Number one, reduce tax burdens on middle-income people. So no one can say my plan is going to raise taxes on middle-income people, because principle number one is keep the burden down on middle-income taxpayers.

GEORGE STEPHANOPOULOS: Is $100,000 middle income?

MITT ROMNEY: No, middle income is $200,000 to $250,000 and less. So number one, don’t reduce– or excuse me, don’t raise taxes on middle-income people, lower them. Number two, don’t reduce the share of taxes paid by the wealthiest. The top 5% will still pay the same share of taxes they pay today. That’s principle one, principle two. Principle three is create incentives for growth, make it easier for businesses to start and to add jobs. And finally, simplify the code, make it easier for people to pay their taxes than the way they have to now.
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Old 09-15-2012, 10:15 AM   #136
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Quote:
Originally Posted by Donger View Post
Certainly that's the high end of middle class household income, sure. Doesn't Obama agree, BTW?
This was my point. According to the thread-starter, Romney said $200K to $250K and under was middle class. I'm sure if you're honest about the response he would further clarify that there is some point in that range that you have to be above as well to be middle class, but Obama has provided the same direction for labeling what is "middle class" in multiple budgets and his number is the same as Romney.

Again, don't know what the point is here, but the Obama supporters sure do seem to think it is evidence of something. Hopefully, they're right so that things like this will get Obama elected and we can have four more years like the last four years. As we all know from the DNC convention, we are MUCH better off than we were four years ago.

Just don't ask if we're better off than we were five years ago. Or six. Or seven...
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Old 09-15-2012, 10:25 AM   #137
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Originally Posted by RINGLEADER View Post
Part of the reason why Rasmussen shows Romney ahead (and others show him behind) is because of the party ID and enthusiasm filters he uses. If you take almost any poll and re-weight for 2004 or 2010 turnout models you get Romney winning by 2-4 points. If you apply 2008 models you get Obama winning by 3-5 points. If you apply 2000 models you get a straight up tie (with Obama leading by about .5% in most).

If you use the current breakdown of the average of polls that are on RCP that show voter ID/preference (setting aside the enthusiasm barometer entirely) you get a Romney win of about 1.5%.

I have a fun formula that's part of the averaging algorithm I've used in the last two elections to get within a tenth of a percent of the final outcome that facts this stuff. I'm trying to put it up online so everyone can use, because it does yield some interesting info.
Rasmusssen was one of the worst in 2010 and mostly because of his bias. Right now a lot of people just discount his polls kind of like they do with Zogby.

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Rasmussen also weights their surveys based on preordained assumptions about the party identification of voters in each state, a relatively unusual practice that many polling firms consider dubious since party identification (unlike characteristics like age and gender) is often quite fluid.

Rasmussen’s polls — after a poor debut in 2000 in which they picked the wrong winner in 7 key states in that year’s Presidential race — nevertheless had performed quite strongly in in 2004 and 2006. And they were about average in 2008. But their polls were poor this year.

The discrepancies between Rasmussen Reports polls and those issued by other companies were apparent from virtually the first day that Barack Obama took office. Rasmussen showed Barack Obama’s disapproval rating at 36 percent, for instance, just a week after his inauguration, at a point when no other pollster had that figure higher than 20 percent.
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Old 09-15-2012, 10:36 AM   #138
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Originally Posted by dirk digler View Post
In fairness to Mittens I don't believe he meant to say the middle class range is between $200-250k I think he meant to say $250k or less.
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Old 09-15-2012, 10:38 AM   #139
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Originally Posted by RINGLEADER View Post
Actually...

2004

In the 2004 presidential election, "Rasmussen...beat most of their human competitors in the battleground states, often by large margins," according to Slate magazine. Rasmussen projected the 2004 presidential results within one percentage point of the actual vote totals earned by both George W. Bush and John Kerry.

In 2004, Slate said they “publicly doubted and privately derided Rasmussen” polls because of the methodology. However, after the election, they concluded that Rasmussen’s polls were the most accurate.

2008

According to Politico, "Rasmussen’s final poll of the 2008 general election — showing Obama defeating Arizona Sen. John McCain 52 percent to 46 percent — closely mirrored the election’s outcome." In reference to the 2008 presidential election, a Talking Points Memo article said, "Rasmussen's final polls had Obama ahead 52%-46%, which was nearly identical to Obama's final margin of 53%-46%, and made him one of the most accurate pollsters out there." A Fordham University analysis ranked 23 survey research organizations on the accuracy of their final, national pre-election polls. Rasmussen Reports and Pew Research Center tied as the most accurate.
Actually since 2010 no one and I mean no one outside the bubble take their results as serious scientific principled applied data.
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Old 09-15-2012, 10:38 AM   #140
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Quote:
Originally Posted by Donger View Post
Certainly that's the high end of middle class household income, sure. Doesn't Obama agree, BTW?
As I already pointed out yes that is correct.
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Old 09-15-2012, 12:00 PM   #141
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Lol. Jfc
No shit.

**** Mitt Romney.
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Old 09-15-2012, 01:13 PM   #142
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Originally Posted by Psyko Tek View Post
200K seems rich to me
best I have ever done was 75k

I now live paycheck to paycheck
hell I aspire to make 20/hr again
Wassup, Not Making As Much As We Used To buddy? *high-five*
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Old 09-15-2012, 01:19 PM   #143
Aries Walker Aries Walker is offline
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Quote:
Originally Posted by Donger View Post
And where did Romney say that was "average middle class income" or is the thread title inaccurate?
The thread title is inaccurate.

But, Romney (and, if other posters have their facts straight, Obama) did say that $200,000 or $250,000 per year was the upper limit of middle class, which to me is ridiculous, and evidence that anyone who says it is living in a fantasyland where people who make, say, 195, aren't living an upper-class lifestyle.

To my mind, middle-class is about $100,000 per year for a couple. That's in average-income part of the world, with maybe two kids, or whatever the average is. A $100,000 couple is doing all right; a mortgage, two cars, and some reasonable savings.

$50K is poor. $75K for that family is struggling. $150K is doing pretty well. $200K is friggin' rich, I don't care what the politicians say.
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Old 09-15-2012, 01:43 PM   #144
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Originally Posted by Aries Walker View Post
$200K is friggin' rich


Really? Do have a wife and kids? Mortgage? Those type of thing?
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Old 09-15-2012, 01:45 PM   #145
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Quote:
Originally Posted by Aries Walker View Post
To my mind, middle-class is about $100,000 per year for a couple. That's in average-income part of the world, with maybe two kids, or whatever the average is. A $100,000 couple is doing all right; a mortgage, two cars, and some reasonable savings.
I think that some range is required, unless you define middle class very narrowly. I'd say $75,000 to $200,000 is my definition, depending on where one lives, of course.
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Old 09-15-2012, 01:46 PM   #146
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I would say with inflation and the value of the dollar Romney is about right.
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Old 09-15-2012, 02:12 PM   #147
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Quote:
Originally Posted by BigRedChief View Post
Actually since 2010 no one and I mean no one outside the bubble take their results as serious scientific principled applied data.
He seems to have a pretty good track record so far this election cycle with predicting trends...he was the first to see a bounce for Romney after the selection of Ryan, now he's showing the fading of the Obama bounce since his convention. Something that is borne out by the tightening in Gallup, despite the fact that agency uses Registered Voters.

But you can discount if you want! Most of the polls out there right now are weighted so overwhelmingly for Dems it's almost laughable. If you adjust them even to reflect the results of 2008 you still get Romney ahead in many.
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Old 09-15-2012, 02:17 PM   #148
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But you can discount if you want! Most of the polls out there right now are weighted so overwhelmingly for Dems it's almost laughable.
yeah sure its just BRC's opinion that has ruined Rassmessan's reputation for accuracy.

I'm the reason only R's think its accuarte.And all the rest of the polls are biased towards the dems.
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Old 09-15-2012, 02:21 PM   #149
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lol

1. Averages are STUPID

2. His perception of what must be the hard life is $200K per year, which is obviously skewed.
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Old 09-15-2012, 02:22 PM   #150
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It won't be too long though that the poverty line is 100K and below
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