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View Diary: Taxpayers footing bill for millionaires' kids (143 comments)

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  •  "Solidly middle class" (2+ / 0-)
    Recommended by:
    GAladybug, Kitsap River

    doesn't mean median income times four.

    See my comment below on more details on the median income in California.

    •  I know Los Altos Hills quite well (3+ / 0-)

      There are quite a number of truly wealthy people.  Y'know, the 1%.  People like  Yuri Milner

      And Milner don't send their kids to local schools.  Half of these super rich  don't even live in Los Altos hills most of the year.

      The rest, many are upper middle class.  Most are solidly middle class.    Like my relatives.   They vote Democrat. Along with the rest of Los Altos Hills.

      The median income in Los Altos hills is $210,000.  That includes the Yuri Milners and their $100 million dollar French Chateau.  

      $210,000 ain't a lot of money in that part of CA. Hell, it ain't alot in the South Bay where I live.

      I know it is hard for many to wrap their brains around that.
      My brother lives in a safe neighborhood with steady employment and  with good schools. He lives in medium sized town in the South.  He and his wife together make around 90K a year.

      You need around $200g's to live in a place like that in the Bay Area.

      •  I apologize for swearing, (2+ / 0-)
        Recommended by:
        Plubius, Kamakhya

        and I remind you that  if you earn $200k and you live in an expensive neighborhood, you are still not  middle class.

        If you earn $100k and you live in Dogpatch,  you are not poor.

        It's not a fake orgasm; it's a real yawn.

        by sayitaintso on Tue Nov 15, 2011 at 11:24:22 AM PST

        [ Parent ]

        •  No worries (1+ / 0-)
          Recommended by:
          Kitsap River

          Look, it really doesn't matte if you and I agree on nomenclature.

          The point is that the people from Lost Altos Hills who do make less than $250,000 a year are NOT the 1%. They are our natural allies in fighting the 1% to get our country back.

          And going after them is simply bad politics.

          Indeed, if everyone in this country could live the way they do., the way that many Germans and Swedes and Japanese do, we'd all live in a better country.

      •  I'm actually going to have to agree with you here. (3+ / 0-)

        Back in the day, Bob and I had a family income of $150,000 at its highest (after the dot.bomb, that went downhill fast) and we couldn't afford a house in the Bay Area.

        Organ donors save multiple lives! A donor's kidney gave me my life back on 02/18/11; he lives on in me and in others. Please talk with your family about your wish to donate and sign up to give others the gift of life.

        by Kitsap River on Tue Nov 15, 2011 at 12:25:56 PM PST

        [ Parent ]

        •  With the number of foreclosures (0+ / 0-)

          I've seen, you probably could now; I'm keeping an eye on prices because my mother-in-law still wants to help us possibly buy a condo.

          Now to try to end the wars we ask our gay and straight soldiers to fight. -- Chris Hayes (modified)

          by Cali Scribe on Fri Nov 18, 2011 at 01:45:10 AM PST

          [ Parent ]

      •  I don't see what difference it makes (2+ / 0-)
        Recommended by:
        tobendaro, Bluefin

        The 1% the 3%, they are stealing public dollars to provide a private school at discount prices for their children.

        The median household income in California is 58,000. Higher than the national average of about 50,000, but not six times higher.

      •  Los Altos HILLS is not middle class (3+ / 0-)
        Recommended by:
        drmah, Cali Scribe, Mol

        I live five miles away.  I know these towns.  Don't confuse Los Altos Hills, with its one acre minimum zoning, with Los Altos.  They may share zip codes, but they are not the same town.

        You cannot buy anything in LAH for six digits, because of the one acre minimum.

        Most houses in Los Altos, minimum zoning one-quarter acre, are also over a million.  THAT is the "solidly middle class" area you are thinking of, and it hasn't been middle class for at least 15 years.

        Heck, where I live used to be the "solidly middle class" city, and our insanely overpraised school district has our little 1350 sf tract homes coming within kissing distance of a million bucks apiece.

        Sorry I missed this diary until it hit the front page.

        A really great tagline appearing here soon! Watch this space!

        by madhaus on Thu Nov 17, 2011 at 08:39:25 PM PST

        [ Parent ]

      •  Median means middle not average (0+ / 0-)

        If the median income in Los Altos Hills is $210K, that means half of the families earn more than $210K. It's irrelevant that the very wealthiest people in Los Altos Hills have $100 million homes; the point is that you have to be rich to live there.

        And $210K is a lot of money in that part of California or any part of California. I live near Los Altos Hills, so I'm quite familiar with the area.

        BTW: Poon is an Chinese name, a normal Asian name. Lots of Asians and Asian-Americans live in the South Bay.

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