4 ms·
This is precisely backwards - especially in the US. Anyone with 'generational wealth' effectively guaranteed by investments and trust funds is in effect an aris
by dbspin 6y ago
This is precisely backwards - especially in the US. Anyone with 'generational wealth' effectively guaranteed by investments and trust funds is in effect an aristocrat. However their income came - whether through their parents or their own work, they no longer have to take employment, can travel the world freely and don't share the concerns of the vast swathe of the ordinary population.
By contrast, the median government salary in the US is 51k. Notably many government sector employees like teachers are paid at about the same level of other industrialised countries (although with enormously worse paid vacations, and less autonomy than in most EU countries).
Source: https://work.chron.com/average-salary-government-employees-7863.htm https://work.chron.com/average-salary-government-employees-7...
https://www.businessinsider.com/teacher-salaries-by-country-2017-5?r=US&IR=T https://www.businessinsider.com/teacher-salaries-by-country-...