> Leigh Meyers wrote:
>
>> The working poor hold jobs closer to home. Not too many dishwashers
>> commuting from the Bay Area to Fresno... But office managers often
>> do.
>>
>> No No... The lower middle/ middle class takes the hit. The ones that
>> buy the SUV in puruit of the "American Dream", or at least the image
>> of it.
>
> The lower middle class couldn't afford an SUV.
>
> The average US household spent about 3% of its after-tax income on
> gas & oil in 2003. The poorest quintile spent 7%; the richest, 2%.
> The sucky thing is that given US land-use patterns, most people have
> little choice about how much to spend on gas, so the increase has hit
> the bottom half pretty hard.
>
> Doug
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
IMHO, The lower middle class goes out of their way, and into debt, to own an SUV. Think pimpmobile in the ghetto.
It's just suburban ghetto with a different looking "pimp ride".
The psychology is the same, and trancends the economics of owning the behemoth.
L http://www.leighm.net http://www.furl.net/members/leigh_m/rss.xml