2012 conventions 2012 election 2013 session arts arts and culture author ballot measures basketball bomb books boy scouts budget bullying business charlie hales children clackamas climate change coal college courts crime culture culture club democrats drugs economy education environment family film fluoride food gay rights guns handguns health health care health insurance high school history housing immigration internet kitzhaber law legislature lgbt literary arts living marijuana marriage media medicine mental health military minor parties mohamed mohamud movies music native americans news newspaper obama olympics oregon our town parenting pers photography police politcs politics port portland portland business journal president prevention public safety religion republicans rnc romney rural salem sam adams sandy hook schools science shooting sports suicide supreme court taxes technology terrorism theater third parties transportation union university of oregon washington wildfire women

The median family income in Portland is $63,800 for a family of four. With all due respect to the previous caller, a family income of $75,000 is not "lower middle class."

This is a very big issue that is difficult to deal with in just one hour, but one piece of the issue is the inability of Americans of middle income means to save money. We know that the baby boomers are historically bad savers.

We need to do a lot more as a society to make sure that college is affordable, but Americans have to be realistic about how much money their earn. The political -- and educational -- establishments aren't doing a very good job educating us about ourselves.

posted 4 years, 8 months ago
view in context