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View Diary: Pete Peterson Group: "$250k a Year Is Not Easy Street" (317 comments)

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  •  the bullshit Peterson's spreading (6+ / 0-)

    is very thick indeed.
    http://www.thefiscaltimes.com/...

    His claim that the couple, with one car payment, would only clear $4800 a year in Plano (he figures in student loans but no credit card debt, and posits $3K in investment income) is outrageous.

    LBJ & Lady Bird, Sully Sullenberger, Molly Ivins, Barbara Jordan, Ann Richards, Drew Brees: Texas is No Bush League! -7.50,-5.59

    by BlackSheep1 on Tue Jul 05, 2011 at 03:52:57 PM PDT

    •  Yeah, I was laughing at that, too (4+ / 0-)

      I live in Plano, so I know better -- that's a very high standard of living here, indeed.

      Although I will note that there's no way you would get homeowner's insurance here for the amount quoted in their table on a $600k house (which is about what a house would have to be worth to match the amount of property taxes shown).  Just another little sign that the people who put those numbers together really don't know what they're talking about.

      Political Compass: -6.75, -3.08

      by TexasTom on Tue Jul 05, 2011 at 08:09:47 PM PDT

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