• ☂️-@lemmy.ml
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    6 hours ago

    compared to the ruling elites, yes.

    compared to most peopl that’s global 1% amounts of money.

  • flatbield@beehaw.org
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    15 hours ago

    In an absolute sense, no. In a behavioral sense anyone who cannot define what is enough will never have enough. In this sense we have a lot of high income poor in the us including billionaires.

  • Maeve@kbin.earth
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    19 hours ago

    Depends on cost of living, I guess, but that’s an extremely comfortable living, in my area.

  • cadekat@pawb.social
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    19 hours ago

    It depends in what context.

    On the day to day, is someone making $200k struggling? No.

    Is someone making $200k in the bottom 99% of Americans? Yes.

  • ominous ocelot@leminal.space
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    15 hours ago

    Depends on the individual’s live goals. When you aim to surpass Musk in wealth, yes. With other ambitions Musk can be considered poor and you’d be running in the wrong direction if you chase after what he got.

    • Andy@slrpnk.net
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      16 hours ago

      I mean no offense, but I don’t think this is true.

      I don’t think anyone who makes $200,000 a year is considered poor under legal definitions or under the casual common use of the term.

      You could make $200k and be in debt. You could make $200k and be in a precarious situation. But I don’t think you can make $200k and qualify as in poverty, either legally or in the court of public opinion.

      • Andy@slrpnk.net
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        16 hours ago

        $200k is not poor in San Francisco.

        It’s still significantly above average, even in San Francisco.

        • Roguelazer@lemmy.world
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          15 hours ago

          Licensed childcare runs between $2500 and $4000 per month per child here in the Bay Area; $200k salary is about $150k after tax. Doesn’t take a terribly big family to totally exhaust that amount if both parents need to work to bring it in.

          • Andy@slrpnk.net
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            13 hours ago

            I’m not saying that you can’t run out of money if you make $200k. I’m saying that it’s not poor.

            If earning well above average in an area with a high concentration of high earners can be poor, the word means nothing.