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Topic: Make more than $32k? You are a one percenter (Read 2668 times)

sr. member
Activity: 406
Merit: 250
$32,000 a year isnt much in the u.s.

Although this has opened my eyes a bit, since u.s lives in a bubble.

that all depends on the cost of living though. $32k in ohio is enough to live decently well.
32k in most places of the US can allow you to live a decent standard of living, this is especially true if you do not have a family as you can split family related costs such as housing (with roommates), and transportation (with carpooling) as well as the fact that you don't need to support others.
sr. member
Activity: 434
Merit: 250
$32,000 a year isnt much in the u.s.

Although this has opened my eyes a bit, since u.s lives in a bubble.

that all depends on the cost of living though. $32k in ohio is enough to live decently well.
sr. member
Activity: 406
Merit: 250
There are aways a lot of variables in such studies. Generally statisticians ignore the ones that run counter to the agenda of the entity funding the study.
full member
Activity: 154
Merit: 100
$32,000 a year isnt much in the u.s.

Although this has opened my eyes a bit, since u.s lives in a bubble.
hero member
Activity: 519
Merit: 500
The median and average of the top 1% in America are wildly different numbers.  Considering people on the low end of the income scale often do transaction in cash and off the grid, the rich/upper middleclass might be 1% but they are 10000 magnitudes poorer than something like the Rockafellers.

Funny how those multi-billion dollar families don't seem to be hit with estate taxes while those who saved up 1-3 million during our lifetime lose over 1/2 when we die.  Money buys good legislation.  Angry
legendary
Activity: 1330
Merit: 1000
That makes sense. Just not a 1% in the US.

Correct its all relative, $32k a year isnt bad but surely depends on what you are doing for a living.  Some jobs aren't worth $200k a year health is far more valuable.
legendary
Activity: 1918
Merit: 1018
Cost of living does not seem to factor in that argument at all.  Someone who makes $5000 a year in Guatemala or Nepal arguably has a higher quality of living than someone barely scraping by on a working class (less than $40K) income in a developed country.

$32K a year in Los Angeles and New York is only going to get you a moldy basement with roommates or a dingbat apartment built back in the 1950s.   Whereas you can live like a king in a lot of third world countries at a $100 to $300 a month budget.


You need to take into account the cost of living and compare the revenue after taxes

According to http://www.globalrichlist.com/ if you make more than $32,000 you are among the richest people in the world.

Also if you have more than 1400 bitcoins you can consider yourself among the wealthiest 1% in the world along with the Rockafellers and Venderbuilts.

This is a clear reminder of how poor most of the world is.

Oh wow that was so well put that I had to quote it and point out for anyone else who may have missed your post.  That is such a great example of how bad things really are.  I commend you for hitting the nail right on the head.

The world has never been so wealthy, tens to hundreds of millions of persons go out of extreme poverty every year; 1billion persons went out of extreme poverty in asia in a few decades

And the proof is..?  Anyone can manipulate statistics to make it look like anything is happening.   The only thing which has happened is increasing urbanization and I don't know if I would characterize that as an end to poverty.  It's arguably better for people to live in rural villages with their own homes than to crowd people into slums and urban sprawls.

Revenue per day, having a bicycle or not, access to water, death at birth, life expectancy, nimber of children, % of literate are not subjective, it is a revolution that has started a few decades ago and it still going on : people are coming out of poverty thanks to the free market but the big states are slowing down the process with corruption, spending and bad regulations
Learn about the world you live in!

BTW the calculator should also take into account if you are a family of one two three...
full member
Activity: 135
Merit: 100
this calculator is also based on income and ignores assets? what if i'm, for example, a billionaire and lost money last year in investments? i don't like the site at all.

There's an option between income and wealth, if you choose wealth you can put all your assets down I think (I only glanced at that)
sr. member
Activity: 434
Merit: 250
this calculator is also based on income and ignores assets? what if i'm, for example, a billionaire and lost money last year in investments? i don't like the site at all.
full member
Activity: 135
Merit: 100
I prefer to say I'm in the top 3.65% rather than I am the 219,013,152nd richest person on earth as the website said lol.  But ya I think this is all relative, I would be rich in many parts of the world, but in the U.S I'm probably in the bottom 20-30%
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Agreed that $32,000/year doesn't go far in many USA locations. Perhaps "one percenter" is better defined as the top 1% of the 10 or 20 wealthiest nations.
sr. member
Activity: 434
Merit: 250
maybe most in the states.. our financial system is all leveraged on debt and the future value of money.
sr. member
Activity: 406
Merit: 250
Most people that make 32k or more owe at least that much in debt. It would be interesting to see where we stack up in the net worth category.
sr. member
Activity: 434
Merit: 250
those numbers ignore something: cost of living. if you make 32k and live in the US, it's much more difficult to get by since your bills are high. if you lived in a 3rd world country and make $32k, then you are most certainly more wealthy than the american making 32k.
hero member
Activity: 574
Merit: 500
That makes sense. Just not a 1% in the US.

This forum is worlwide my friend - welcome to 'also outside the US'...

It's irreverent and it's one of those propaganda articles to convince poor working class people in the United States that they're rich, even though someone making $20K in a third world country has a superior standard of living.



Code:
irreverent:
    showing a lack of respect for people or things that are generally taken seriously.

Hmm, not wanting to be irreverent, I think your post is...

Code:
irrelevant:
    not connected with or relevant to something

No I intended to use the word irreverent.  These sort of articles are often printed with the intent of making Americans look privileged, when in reality there's many poor people in America.


Then I don't see how my post (pointing out to a seeimngly isolated USA citizen that world is bigger than the USA) is irreverent - where was my lack of respect for people or things...

Implied disrespect.  It's not the 1980s or 1960s anymore.  Quality of life and standard of living in many areas of USA is parallel or less than most areas of Europe, yet many people still think the streets are paved with gold in America.  The reality is the American dream is more likely to be found abroad than within America.   America hasn't been great since the 1980s.

Many American cities are simply terrible nowadays.  If you think America's great then go ahead and live in a typical American city like Chicago and come back to me (alive).  The reality is many American cities suffer from urban decay.

Cities like Belgrade, Sarajevo and Riga are considered "dangerous and the worse" in Europe but compared to typical American cities the "worse of Europe" beats America's best.  I'ld sooner live in Riga or Sarajevo then in Portland Oregon.



I meant no implied disrespect and still cannot follow your train of thought in that regard. Regarding the USA as a whole, for me (UK) I think of you all as 'cousins' - but you all scare the hell out of me with your obsession with guns, love for money and war and big mcdonalds fast food obesity crisis (sorry generalising here)...

Much respect to your thinking however, at least you do that.
hero member
Activity: 756
Merit: 506
That makes sense. Just not a 1% in the US.

This forum is worlwide my friend - welcome to 'also outside the US'...

It's irreverent and it's one of those propaganda articles to convince poor working class people in the United States that they're rich, even though someone making $20K in a third world country has a superior standard of living.



Code:
irreverent:
    showing a lack of respect for people or things that are generally taken seriously.

Hmm, not wanting to be irreverent, I think your post is...

Code:
irrelevant:
    not connected with or relevant to something

No I intended to use the word irreverent.  These sort of articles are often printed with the intent of making Americans look privileged, when in reality there's many poor people in America.


Then I don't see how my post (pointing out to a seeimngly isolated USA citizen that world is bigger than the USA) is irreverent - where was my lack of respect for people or things...

Implied disrespect.  It's not the 1980s or 1960s anymore.  Quality of life and standard of living in many areas of USA is parallel or less than most areas of Europe, yet many people still think the streets are paved with gold in America.  The reality is the American dream is more likely to be found abroad than within America.   America hasn't been great since the 1980s.

Many American cities are simply terrible nowadays.  If you think America's great then go ahead and live in a typical American city like Chicago and come back to me (alive).  The reality is many American cities suffer from urban decay.

Cities like Belgrade, Sarajevo and Riga are considered "dangerous and the worse" in Europe but compared to typical American cities the "worse of Europe" beats America's best.  I'ld sooner live in Riga or Sarajevo then in Portland Oregon - I've been to all three cities in person, so my mind's made up..

hero member
Activity: 574
Merit: 500
That makes sense. Just not a 1% in the US.

This forum is worlwide my friend - welcome to 'also outside the US'...

It's irreverent and it's one of those propaganda articles to convince poor working class people in the United States that they're rich, even though someone making $20K in a third world country has a superior standard of living.



Code:
irreverent:
    showing a lack of respect for people or things that are generally taken seriously.

Hmm, not wanting to be irreverent, I think your post is...

Code:
irrelevant:
    not connected with or relevant to something

No I intended to use the word irreverent.  These sort of articles are often printed with the intent of making Americans look privileged, when in reality there's many poor people in America.


Then I don't see how my post (pointing out to a seemingly isolated USA citizen that world is bigger than the USA) is irreverent - where was my lack of respect for people or things...
hero member
Activity: 756
Merit: 506
That makes sense. Just not a 1% in the US.

This forum is worlwide my friend - welcome to 'also outside the US'...

It's irreverent and it's one of those propaganda articles to convince poor working class people in the United States that they're rich, even though someone making $20K in a third world country has a superior standard of living.



Code:
irreverent:
    showing a lack of respect for people or things that are generally taken seriously.

Hmm, not wanting to be irreverent, I think your post is...

Code:
irrelevant:
    not connected with or relevant to something

No I intended to use the word irreverent.  These sort of articles are often printed with the intent of making Americans look privileged, when in reality there's many poor people in America.
hero member
Activity: 574
Merit: 500
That makes sense. Just not a 1% in the US.

This forum is worlwide my friend - welcome to 'also outside the US'...

It's irreverent and it's one of those propaganda articles to convince poor working class people in the United States that they're rich, even though someone making $20K in a third world country has a superior standard of living.



Code:
irreverent:
    showing a lack of respect for people or things that are generally taken seriously.

Hmm, not wanting to be irreverent, I think your post is...

Code:
irrelevant:
    not connected with or relevant to something
hero member
Activity: 756
Merit: 506
Cost of living does not seem to factor in that argument at all.  Someone who makes $5000 a year in Guatemala or Nepal arguably has a higher quality of living than someone barely scraping by on a working class (less than $40K) income in a developed country.

$32K a year in Los Angeles and New York is only going to get you a moldy basement with roommates or a dingbat apartment built back in the 1950s.   Whereas you can live like a king in a lot of third world countries at a $100 to $300 a month budget.


You need to take into account the cost of living and compare the revenue after taxes

According to http://www.globalrichlist.com/ if you make more than $32,000 you are among the richest people in the world.

Also if you have more than 1400 bitcoins you can consider yourself among the wealthiest 1% in the world along with the Rockafellers and Venderbuilts.

This is a clear reminder of how poor most of the world is.

Oh wow that was so well put that I had to quote it and point out for anyone else who may have missed your post.  That is such a great example of how bad things really are.  I commend you for hitting the nail right on the head.

The world has never been so wealthy, tens to hundreds of millions of persons go out of extreme poverty every year; 1billion persons went out of extreme poverty in asia in a few decades

And the proof is..?  Anyone can manipulate statistics to make it look like anything is happening.   The only thing which has happened is increasing urbanization and I don't know if I would characterize that as an end to poverty.  It's arguably better for people to live in rural villages with their own homes than to crowd people into slums and urban sprawls.
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