Those numbers line up pretty well with what I’ve seen in various news publications recently. What used to be the comfortable middle class is almost entirely gone. There is now a wide gap between the low-end rich and the poor who live paycheck to paycheck and sometimes don’t quite make it. Wages have been artificially suppressed by employers and by our own government for several decades now, but costs have continued to rise.
Those numbers line up pretty well with what I’ve seen in various news publications recently. What used to be the comfortable middle class is almost entirely gone. There is now a wide gap between the low-end rich and the poor who live paycheck to paycheck and sometimes don’t quite make it. Wages have been artificially suppressed by employers and by our own government for several decades now, but costs have continued to rise.