4 ms·
the middle class is rapidly shrinking. that's the most damning metric the lower classes are worse off now than they were then. home ownership and education are
by throwaway0x7E6 4y ago
the middle class is rapidly shrinking. that's the most damning metric
the lower classes are worse off now than they were then. home ownership and education are unattainable, healthcare is unaffordable, the overall quality of life is rapidly declining.
- JumpCrisscross 4y ago> lower classes are worse off now than they were then This is objectively untrue in terms of real incomes and net financial position. Life expectancy, too, has gone up since the 70s. Consider the quality of life of America’s destitute in 2022 vs. 1972 and the choice is apparent. This isn’t a roses and sunshine pitch. But believing the West is in decline (versus being caught up to) is a common mistake that leads to predictably bad outcomes.