The deluded Obama critics who think $250,000 is a middle-class salary. - By Daniel Gross - Slate Magazine:
I await the tidal wave of e-mails and blog posts from self-made, hardworking, accomplished people who earn $250,000 but who don't feel financially secure and who don't consider themselves rich, especially compared to the venture capitalist next door. Having spent my entire adult life in and around Washington, Boston, and New York, I feel you. I'm eager to listen and empathize. Tell me all about how home prices in areas with good public schools are insanely expensive. Tell me about how many other seemingly undeserving people make so much more. Tell me about your proposals to devise an income tax system that accounts for geographically divergent costs of living (the Alternative Yuppie Tax?). Just don't tell me you're not rich.