It's the Arithmetic, Stupid

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The median income for Americans is about $50,000. Thus…

Question: Is $100,000 middle income?

Answer: No, middle income is $200,000 to $250,000 and less.

The question was being asked by George Stephanopoulos and answered by Mitt Romney.

source

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6 thoughts on “It's the Arithmetic, Stupid

  1. I can’t even make sense of his answer. It seems completely nonsensical to me.

    In the range of 200K-250K…and less? Am I just reading it weird?

  2. I think he took a rough stab at estimating the number, came up with the nearest one million dollars, figured that was a little high, so he cut it down a bit. So, it is an accurate estimate, rounded up to the nearest quarter mil.

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