Jump to content

Try Living on $500K a Year - So Tough!


oec2000
 Share

Recommended Posts

My favorite paragraph from the NYT story is:

 

Few are playing sad cellos over the fate of such folk, especially since the collapse of the institutions they run has yielded untold financial pain. But in New York, where a new study from the Center for an Urban Future, a nonprofit research group in Manhattan, estimates it takes $123,322 to enjoy the same middle-class life as someone earning $50,000 in Houston, extricating oneself from steep bills can be difficult.

 

So, the $500K President Obama wants to pay these folks then translates into a little over $200K/year in Houston. Well, I live in Dallas which is like a less humid Houston with too many northerners (myself being a northener as well) and one can live pretty damned well on $200K/year. VERY damned well.

 

-Crip

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...