The Instigator
LennyB
Pro (for)
Tied
0 Points
The Contender
thenorwegian
Con (against)
Tied
0 Points

Is $50000 a year rich or middle class or what?

Do you like this debate?NoYes+0
Add this debate to Google Add this debate to Delicious Add this debate to FaceBook Add this debate to Digg  
Post Voting Period
The voting period for this debate has ended.
after 0 votes the winner is...
It's a Tie!
Voting Style: Open Point System: 7 Point
Started: 10/12/2013 Category: Economics
Updated: 3 years ago Status: Post Voting Period
Viewed: 1,142 times Debate No: 38810
Debate Rounds (3)
Comments (4)
Votes (0)

 

LennyB

Pro

What does mean to be rich. is $50000 a year rich?
thenorwegian

Con

The average American household takes in $63,091 per year. If only one person in a family earns $50000, you can say that "he" is a well earner, but not very rich. It all depends on what country you live in. I live in Norway, and $50000 is 300 000 NOK, which is just narrow over the average income in Norway.
Debate Round No. 1
LennyB

Pro

LennyB forfeited this round.
thenorwegian

Con

thenorwegian forfeited this round.
Debate Round No. 2
LennyB

Pro

LennyB forfeited this round.
thenorwegian

Con

thenorwegian forfeited this round.
Debate Round No. 3
4 comments have been posted on this debate. Showing 1 through 4 records.
Posted by autodidact 3 years ago
autodidact
i would be willing to argue it is rich.
Posted by RoyLatham 3 years ago
RoyLatham
This is probably better as Forum question than a debate topic.

"Currently, marketing corporations and investment houses classify those with household incomes exceeding $75,000 as mass affluent, while sociologist Leonard Beeghley identifies all those with a net worth of $1 million or more as "rich." The upper class is most commonly defined as the top 1% with household incomes commonly exceeding $250,000 annually. These two figures should be seen only as guidelines based upon the top 1% of a population because net worth exceeding $1 million may be increasingly inaccurate as an upper class indicator as the value of the dollar falls due to inflation."
http://en.wikipedia.org...
Posted by Legitdebater 3 years ago
Legitdebater
Nope.avi
Posted by Subutai 3 years ago
Subutai
Yeah, that's not rich...
No votes have been placed for this debate.