2 ms·
I think you’re defining middle class differently. To you, it’s by some definition “middle income”. To the grandparent it’s more about social class (having to wo
by encoderer 9y ago
I think you’re defining middle class differently. To you, it’s by some definition “middle income”. To the grandparent it’s more about social class (having to work for a living).
Doctors achieve higher social status despite having to work. So do celebrities, etc.
I think you’re both right. Some people can turn 400k a year into real wealth, others will just be working joes with bigger car payments.
Also iirc in California you need like 1.5mm in hhi for top 1% so that’s factoring into this too.