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Fascinating Chart Shows How Rich And Poor Are Spending Money

Apparently everyone, regardless of economic station, is no longer eating at restaurants. Biggest disparity is in retirement.

I know, right? Now tell your friends!
Fascinating Chart Shows How Rich And Poor ...
Gavon Laessig

NPR Put Together This Chart (Based On Bureau Of Labor Stats) Comparing How The Poor, Middle Class And Rich Are Spending Money In America

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Source: npr.org

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    12 Responses So Far

    • scottieamadorf   Fascinating Chart Shows How Rich And ...  about a week ago
    • grrawritsjordi a week ago

      I mean, I may be a little naive, but when is $150k not a lot of money? Both of my parents combined had less that $100k a year and four kids. We never went without food or clothes and I consider us to be upper middle class. With that being said, I did grow up in a small town in the midwest. But I think anywhere you live, $150k would be a nice paycheck. I can’t even imagine what my parents would have been able to do with an extra $50,000 per year. I definitely wouldn’t be in debt with student loans.

    • kelseym8 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Nekomaneki thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • BRITTNEYBOYCE thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • kendsley   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • AjayyC thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Father Galyn   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • matthewb35 thinks Fascinating Chart Shows How Rich And ... is Fail  about 9 months ago
    • iainc2 thinks Fascinating Chart Shows How Rich And ... is WTF  about 9 months ago
    • joshuak9 thinks Fascinating Chart Shows How Rich And ... is Ew & WTF  about 9 months ago
    • LushRimbaugh thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • johannan2 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • dandy_lion thinks Fascinating Chart Shows How Rich And ... is Win  about 9 months ago
    • stefanieb2 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Cessa12 9 months ago

      Hey IceManD, being poor does not take away the right to have a family. More people, more food.

    • Fascinating Chart Shows How Rich And ... is starting to get hot on Twitter Tweet It  about 9 months ago
    • jdrive   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • noura thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • benr11 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Jonathan D.   Fascinating Chart Shows How Rich And ... and thinks it’s Win  about 9 months ago
    • kiskanak 9 months ago

      To those stating that $150K p/year isn’t “rich”… Please take a moment to consider how many people on this planet might disagree with you on that.

    • krowland   Fascinating Chart Shows How Rich And ... and thinks it’s Old & Geeky  about 9 months ago
    • avivah thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Ricky T thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • BCarter3   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • WAY thinks Fascinating Chart Shows How Rich And ... is OMG, Win & Geeky  about 9 months ago
    • toughlove2 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • deaddrift 9 months ago

      It seems many people do not understand what this graphic is showing, nor why it is fascinating.  You might have heard that income inequality has been in the news lately. Just a little, so it’s understandable if you missed it (hint: sarcasm). With this in mind let’s see what’s going on here. The trends are all the same. The poorer you are, the more your income is taken up by unavoidable necessities of being a living human. Eating (at home); driving to work; housing (OK, the trend’s not so clear here); paying for lights, heat, and water; health care; these are all bottom-line unavoidable expenses, and in EACH CASE, the poor pay far higher percentage of their total income. Meanwhile, “luxuries” like eating out, saving for retirement, and paying for top quality education (which you want to do due to right wing tax-revolt politics destroying public education funding)—all these things, that every American should have a right to expect to be able to do, all these things are further and further out of reach for people who make less than the not-very-high-$150K.  And news flash: adding total taxes paid will not make the picture more equitable; in fact, just the opposite. Second news flash: this picture is going to continue to get worse until Republican policies get more widely recognized for the national disaster that they have proved to be.

    • deaddrift   Fascinating Chart Shows How Rich And ... and thinks it’s Geeky, OMG & Win  about 9 months ago
    • Fascinating Chart Shows How Rich And ... is starting to get hot on Facebook Share It  about 9 months ago
    • ChurroII   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • hanaballout   Fascinating Chart Shows How Rich And ...  about 9 months ago
    • Dakota Jake 9 months ago

      What percentage of their income do they spend on Federal Income Tax, Medicare, and Social Security? What does it look like when you add $150k-$250k,$250k-$1M, and $1M+?

    • Dakota Jake 9 months ago

      What percentage of their income is spent on taxes - federal income tax + Social Security + Medicare? What about for income earners of $150k-$200k, $200k-$1M, and $1M+?

    • Mahaha 9 months ago

      What options accounting for 80 to 90 percent of food expenses are not covered under “at home” and “restaurants, etc.”?

    • chaseh5 9 months ago

      150k isnt rich, it’s well-off. 300k is rich.

    • oOo 9 months ago

      Not sure this quite rates as fascinating. Most stuff is similar.

    • aabgar thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
    • Hipster Doofus 9 months ago

      Sorry, but calling people who make 150k “rich” is a bit weak. That’s upper middle-class in SF. Yeah, it’s more than most make, but when I think “rich”, I think 200 or 300k+/yr. These samples are so close as to make them worthless.

    • IcemanD 9 months ago

      The poor eat a lot!
      Maybe they wouldn’t be so poor if they ate less! #peoplewhodonotunderstandpercentages

    • IcemanD 9 months ago

      What about the people that make $70,000 to $149,999?

    • calli441 thinks Fascinating Chart Shows How Rich And ... is OMG  about 9 months ago
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