But they are not more likely to be living paycheck to paycheck. That likelihood has not increased. That is simply how most people live, and how they have AFAICT

But they are not more likely to be living paycheck to paycheck. That likelihood has not increased. That is simply how most people live, and how they have AFAICT always lived. Income is not the dominant factor in whether or not someone lives paycheck to paycheck. People live this way with startlingly high incomes.